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Become a wise gold buyer with these five tips
Posted on: 24/Oct/2016 5:41:17 PM
Live Chennai gets you five basics of buying quality gold jewelry, as a move to extend helping hand to our visitors not to get fleeced in their purchase.
BIS Hallmark:
BIS is an Act according to which a hallmark agency continually evaluates every piece of gold given to the jeweler. The authenticity of the metal - whether or not it conforms to the national and international purity standards is checked during this stage. Gold ornaments that do not carry this BIS hallmark are sold at cheaper rates as compared to those that carry the mark.
Purity
The purity is decided based on its carat or finesse. Apart from the BIS mentioning, the purity of gold is definitely mentioned in any gold ornament. Check this on the ornament before you buy.
Logo of hallmarking centre
There is unique logo for each and every hallmarking centre. This is embossed on the jewelry. The product can be tracked back to the centre in case of discrepancy and hence the logo is embossed. There are over 350 hallmark centres as of now.
Year of hallmarking
Now, the year of hallmarking is to be noted. This is mentioned as alphabet. The series begins in 2000. For instance, N indicates 2011, P indicates 2012 and so on.
Guarantee
The last one to ensure is the guarantee offered by the jeweler themselves. Each of the jewelers certified by BIS will have their own logo embossed in ornaments. Take a look at it.
Ensure each of the above elements while buying hallmarked jewelry. You may need a magnifier to look into each of these though.
