When purchasing gold and diamonds on Dhanteras, carefully check the BIS hallmark, HUID code, and diamond certificate. Ensure you understand the making charges, weight, taxes, and a proper bill before making a safe purchase, and avoid haste.
Planning to buy gold and diamonds on Dhanteras? Learn the important things and rules first.
Buying gold and precious jewelry on Dhanteras is considered auspicious in Indian families. During the festival, the jewelry market is crowded with customers, and people flock to various stores to purchase their favorite pieces.
Shopping for beautiful designs and attractive offers can sometimes be expensive. Therefore, it's important to have accurate information about the purity, certifications, and price of jewelry to ensure your purchase is safe and you get the most value for your money.
A separate certificate is required for diamond jewellery.
A hallmark on gold does not certify the authenticity or quality of the diamond embedded in it. Therefore, it is important to ask for a diamond grading report when purchasing a diamond ring, necklace, or earrings.
This report includes information such as the diamond's cut, color, clarity, and weight. Organizations such as GIA and IGI issue diamond grading reports. Customers should compare the details in the report with the diamond they are purchasing and verify the certificate information, if available, through the relevant organization.
Check the BIS hallmark for the purity of gold.
When purchasing gold jewelry, focusing solely on its shine or design isn't enough. Customers should look for the Bureau of Indian Standards (BIS) hallmark, purity mark, and six-digit HUID code on the jewelry. For example, 22-carat gold has a fineness marking of 916, and 18-carat gold has a fineness marking of 750.
Buyers can also check the hallmark details using the 'Verify HUID' feature on the BIS Care app, which helps identify the jewellery and match the details entered.
Don't forget to check your bill and making charges.
When buying jewelry, simply comparing the price per gram of gold isn't enough. The price of jewelry can include the weight of the gold, the cost of the stones used, making charges, and applicable taxes. Therefore, ask the shopkeeper for a complete price breakdown and compare offers from different jewelers.
After completing your purchase, be sure to obtain a proper bill. It should clearly state the jewelry's weight, purity, price, and other important details. Also, keep any certificates and related documents for diamonds or other gemstones.
Avoid rushing into purchases
The auspicious time and limited-time offers on Dhanteras can tempt customers to make hasty decisions. However, when purchasing expensive jewelry, it's important to prioritize quality and certifications. Purchase only after obtaining complete information about the purity of the gold, the quality of the diamonds, and the price. This can reduce the risk of purchasing the wrong product or later resulting in a dispute amidst the festive celebrations.
Be cautious while buying Polki and Jadau jewellery.
Traditional polki and jadau jewellery is also in demand on Dhanteras. These pieces may use uncut diamonds, colored gemstones, and intricate workmanship. Before purchasing such jewellery, ask the shopkeeper what stones are used, their quality, and whether they have been treated in any way. It is best to have all this information in writing. This helps customers understand the actual composition and value of the jewellery.
