What precautions should be taken while buying gold jewelry
Planning to buy gold jewellery? Check out some tips & precautions you need to take while purchasing gold jewellery. Know the Purity - The purity of gold is denoted in karats, with 24 karat gold being 99.9% pure and 22 karat gold being 92% pure. Purchasing gold jewellery without checking its purity is a no-no and it always pays to check purity before parting with your hard earned money. Hallmark is an indication of purity of gold and it is advisable to purchase hallmarked jewellery, as these pieces are tested by competent agencies. Making charges u2013 A making charge is associated with every piece of gold jewellery, which is essentially the labour charge involved in creating it. Making charges are a reflection of current gold rates and one could be fleeced into paying higher making charges than necessary. Man-made Vs machine made ornaments u2013 Making charges on machine made artefacts are lower than charges on man-made artefacts, making such mass produced ornaments cheaper. Check the weight u2013 Precious stones like diamonds and emeralds are often added to gold jewellery, making them heavier in the process. Jewellers weigh a piece in its entirety, which means that one might end up paying for gold which is not actually there and it is imperative to keep this in mind while purchasing studded jewellery. Buy Back u2013 Most jewellers offer the option of buy back, wherein one can exchange their old jewellery set for a new one. While designs and trends can change, the value of gold remains same and discussing buy backs during a purchase could benefit one in the future, if they ever get bored of their jewellery.
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