QA-Phoenix-Asianet
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Transcript
00:007 Dantera's gold buying tips to avoid overspending
00:08Why to buy gold on Dantera's?
00:11Buying gold on Dantera's before Diwali is considered very auspicious.
00:15This is why there are long queues at jewellers' shops on this day.
00:22Precautions before buying gold jewellery However, buying gold in a hurry can be expensive,
00:27so it is very important to take some precautions before buying jewellery on Dantera's.
00:331.
00:35Jewellery is not made of 20, 4-carat gold.
00:3820, 4-carat gold is the purest form of gold, containing 90, 9.9% gold.
00:44However, due to its flexibility, jewellery is not made from it.
00:4720, 2, 20 or 18-carat gold is used for jewellery.
00:522.
00:54Check the purity of gold.
00:56Always check for the Bureau of Indian Standards, BIS Hallmark, to verify the purity of gold.
01:01The government has made hallmarking mandatory for gold jewellery since April 1, 2020, 3.
01:103.
01:11Look for these three signs on jewellery.
01:12The Indian government mandates three signs on hallmarked gold jewellery, the BAS mark,
01:17purity grade carat and a six-digit Hewitt code.
01:214.
01:22Check gold rates in your city first.
01:25Before buying gold coins or jewellery on Dantera's, be sure to check the gold rates in your city.
01:31Gold prices vary slightly from city to city across the country.
01:355.
01:37Get accurate information about carats.
01:39Before making a purchase, inquire with jewellers about different carats and their corresponding
01:43rates.
01:44The purity and price vary significantly for each carat.
01:486.
01:50Get accurate information on making charges.
01:53Jewellers sometimes add making charges at their discretion.
01:56Making charges are determined based on the time taken to create the jewellery, labour
02:01and the quality of the gemstones.
02:047.
02:06Negotiate making charges with jewellers.
02:08You can significantly reduce the price of your jewellery by negotiating the making charges
02:13with the jeweller.
02:14Also, inquire about the GSD applicable to gold from the shopkeeper.