Gold Buying: Keep these 4 things in mind while buying gold, otherwise you will incur a huge loss..

Gold Buying Tips: Nowadays it has become very important to be cautious in every kind of purchase. If there is a slight mistake, it is known that the shopkeeper has cheated the customer. Especially while buying gold (gold purchasing tips), it is very important to be cautious, because gold is one of the most expensive metals.

If you show even a little carelessness in buying gold, you will suffer a big financial loss. Therefore, to avoid being robbed anywhere, keep these 4 things in mind while buying gold (gold buying tricks).

1. Take care of hallmark-

While buying gold, one must take care of the hallmark (gold hallmark). The hallmark mark on the jewelry shows the purity of gold. Gold becomes expensive according to its purity.

A hallmark is a unique identification mark certified by the Bureau of Indian Standards. It has the BIS logo, carat purity mark, and 6-digit Hallmark Unique Identification (HUID) code. It is alphanumeric i.e. it has both letters and numbers.

2. Check the jewellery-making and GST charges -

While buying gold, it is important to know its latest price (gold rate update), along with this, the making charges on the jewelry should also be known well. Bargaining can also be done in this, many shopkeepers can give discount on making charges. Let us tell you that GST (GST on gold) and making charges are added separately from the price of gold.

3. Pay attention to the weight -

While buying gold, the most important thing is to check its quality, purity, and weight (check gold purity). A loss of weight of even an ounce means you will be cheated of several thousand rupees. Therefore, the weight should be checked thoroughly (how to check gold purity).

4- Take a proper bill from the shopkeeper -

While buying gold from the shopkeeper, its proper bill (gold bill) should be taken. It should also have complete details so that this bill can be useful for you in case of any problem in the future. Complete details of the gold carat, weight, making charges, tax, etc. should be filled in the final bill (gold bill details).

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