10 Things to Remember Before Buying Gold Jewellery

Indian’s obsession with gold is still unmatched. Buying gold jewellery for wedding could be tricky at times. Gold is still considered to be one of the most prized asset. And thus buying a gold jewellery is always a pricey affair. But since online market is expanding. Gold jewellery has also marked it’s presence at various online platforms. You will come across digital platforms like caratlane, bluestone and many more who are known to sell hallmark jewellery. But it is still essential to know a few things about gold  before you decide to invest in Gold. Here are 10 Things to Remember Before Buying Gold Jewellery.

 

1. Look for Hallmarks –

It is very important to buy a certified gold which is hallmarked. In India, the most common certification for gold is BIS. Though there are a number of BIS certified gold jewellery showrooms but even then only 30% of the gold is certified. Thus, it is very important that you should go for the certified jewellery. In case of any doubt later on you can also refer to the BIS website.

2. Check the Gold price –

Gold prices keeps fluctuating on a global level. Thus, the day you are going to buy gold, it is very important that you should check the gold prices that day. Ask for the gold prices at your jeweler’s shop also. As you would be buying many jewellery for wedding it is better to go for shopping when the gold price is little less. Keep checking the gold price art regularly so that you could grad your favorite jewellery for your wedding when the price is less.

3. Check the making charges –

Some big showrooms charge a hefty amount on making charges. In that case try your best to avoid such big showrooms. Go for the smaller yet trusted ones. Talk with your friends and relatives and get an idea about shop which has less making charge. This will help you end up spending a lot less. You can also checkout Top 5 jewellery shop in Chennai HERE.

 

4. Check the Gold Carat –

24 carat gold is considered to be of utmost purity. But you need to know that if you are going for diamond studded one, then 22 or 18 carat gold is quite common. Because getting diamonds studded in 24 carat gold is not possible. Plus, 24 carat gold is quite soft. Thus, 22 carat gold is mostly found in almost all the jewellery shops.

 

5. Check Buy Back –

It is very important to check the buy back of your gold jewellery. While buying you should ask the shop keeper if they accept buy back and what is the percentage of return amount. The best option is to go with the prices of the gold per gram at the time of buy back. So, always insist your jeweler for the same. As far as I know most of the shops will buy back their jewellery without any fuss. If you are buying diamond jewelry or any jewellery with precious stones for your wedding ask about the buy back terms and condition for that without fail. As far as I know some Jewelers offer certificate for diamond jewellery and you have to bring it back while exchanging it.

 

6. Double Check the Bill –

These days you get the certification and buy back details in the bill itself. Thus, don’t forget to check the bill closely. It is always advisable that you go through the complete details of the bill in the store itself so that you can ask the store manager in case of any doubts. Plus, insist on E bill also.

7. When to buy –

This is very important. Most people consider Akshay Tritiya or Diwali, one of the most auspicious time to buy gold. But no that is the time when the gold prices are the highest. This is because demand makes the prices go high. Thus, buy gold at that time when there is an off season. Also, don’t buy gold during wedding season. Buy during the lull season. You can save lots on the making and the gold charges. Check out our ultimate guide to select wedding saree HERE.

8. Stone Weight – 

If you are planning buy gold jewellery with zircon stones, buy it from a shop where they don’t include stone weight along with gold weight. You don’t want to pay your hard earned money for stones with no resale value.

9. Compare Shops – 

Before buying jewellery for your wedding go to few shops, check the design and get an idea about their making charge, wastage and resale value. It will help you save your money and time.

Above mentioned are some of the easy yet very important tricks and tips on buying gold jewellery for wedding. Let us know if we have missed out on any points in things to remember before buying gold jewellery.