POINTS TO KEEP IN MIND WHILE BUYING AND SELLING GOLD JEWELRY

Gold Jewelry, a precious piece of yellow metal that has a lot of importance in the Indian traditions and customs, however little do people know about how, not to fall prey at the hands of jewelry sellers and buyers. We bring to you some important points to keep in mind and some information that you might have not known before.

DOES IT HAVE THE MARK?The most important thing to be kept in mind when one goes for gold shopping, after the design and before the monetary discussions, it is the mark, the hallmark by BIS which serves as the certificate of purity of the jewelry item. Always keep in mind that if the jewelry item bought, does not have the hallmark it cannot be proved whether it is pure or not, causing problems at the time of selling it off. The individual would have to agree to the price quoted by the gold jeweler as there is no evidence for the purity of gold.

CHECKING GOLD RATESChecking Gold Rates holds importance when one is buying and selling gold jewelry items. A simple and hassle free method to check this is sending the message, “GOLD RATE”, to All India Gems and Jewelry Trade Federation or AIGJTF on 575758 for the day's gold rate for both the selling and buying rates.

EXPECTATIONS WHILE SELLINGCommon expectations while selling gold are that of getting a higher price but unless and until one has a hallmarked jewelry item, the price varies as per the discretion of the gold jeweler which is unfair as they should be following the gold buying and selling rates issued by AIGJTF.

PAPERS SHOULD BE KEPT HANDY Whether it is the certificate of gold jewelry or the invoice, the papers should always be kept handy as this helps during the selling and buying of gold jewelry. The invoice if produced while selling of gold jewelry doubles the fact that the gold jewelry in hand is pure.

BRANDSUsually branded jewelry sellers can be trusted while buying and selling gold jewelry as they are very careful while dealing with the customers, as it is a question of their brand image and credibility. But if one decides to buy jewelry from the local jewelers, one can keep in mind the following so as to not get cheated by the seller. Check for the hallmark by BIS, understand the carats, check the gold selling and buying rates, check for zero error on the weighing scale etc.

RETURN POLICYOnce everything has been finalized the final step is paying money and getting your gold jewelry home but even before that what is important is that one should ask about the return policy which is provided by most of the jewelers. This helps the individual when he needs to sell it off.

Hazoorilal Jewelers is synonymous with couture, traditional & contemporary jewelry. For more information on designs, stores and insights on jewelry visit Hazoorilal Jewelers. HAZOORILAL JEWELLERS PRIVATE LIMITED Greater Kailash Part I, M-44, M-block market, New DelhiCall us Tel No. : +91 11 417 34567 Click to connect with us on our social profiles:-

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