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Dhanteras: How To Know The Gold You Buy Is Pure

Dhanteras is here, and with it, a frenzied rush of customers thronging jewellery shops in the country has begun. If you are about to go for gold shopping, we have a few tips you can keep in mind so that you get what you pay for.

BT Online        Last Updated: October 29, 2016  | 10:54 IST
Dhanteras: How To Know the Gold You Buy Is Pure

Dhanteras is here, and with it, a frenzied rush of customers thronging jewellery shops in the country has begun. Buying gold is considered auspicious on this day. It is also believed that purchase of gold brings good luck to the buyer. If you are about to go for gold shopping, we have a few tips you can keep in mind so that you get what you pay for:

Mixed with other metals

Gold that you buy in the form of jewellery is generally mixed with other metals like silver, copper or zinc to make it more durable. Pure 24 K(carat) gold is too soft to be carved into intricate designs. The only way you can be sure about whether other metals in your gold conform to the set limits, a hallmarking certification by Bureau of Indian Standards is something you can rely on.

ALSO READ:There's a new ATM that dispenses gold coins

A BIS hallmark consists of five different markings - BIS Mark, the Fineness number (corresponding to given caratage), Assaying and Hallmarking Centre's Mark, Jeweller's identification Mark and year of Marking denoted by a code letter. The marking is done either using punches or laser marking machine.

Check the logo

The next in line is the hallmarking centre's logo. Each hallmarking centre is designated with a unique logo that is embossed on every piece of jewellery checked and verified for purity. This is to ensure that the product can be traced back to the centre in case of any discrepancy. At present, there are nearly 350 hallmarking centres and the details of all centres are available on the BIS website.

Look for codes

Code letter represents the year of hallmarking of jewellery and is decided by BIS. For example, letter 'A' denotes Year 2000, 'B' is used for the year 2001 and 'C' for 2002 and 'J' for 2008.

ALSO READ: The best investment on Dhanteras that can make you a crorepati

Manufacturer's symbol

The last in the series of signs and symbols is the jeweller's or manufacturer's symbol. Every jeweller certified by the BIS has a logo of his own and is embossed on the ornaments.

Take the Cash Memo

Always ask for a valid cash memo or invoice with details of every charge levied for the jewellery you buy. An invoice comes handy in case you have any doubts about the purity of gold in your jewellery.

 

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