New Delhi: Buying gold on Dhanteras is considered auspicious. If you are also thinking of buying gold in Dhanteras or Diwali, then, first of all, you should take care of some things, so that you do not get cheated about the purity of gold. We are going to tell you here some easy tips to buy gold so that shopping for your Dhanteras will also be auspicious.
Check purity of gold
First of all, you should know how pure the gold you are buying is. Gold comes in 24 carats, 22 carats, 18 carats, 16 carats. Now you know what a carat is. In fact, carat in gold means its purity. For example, if you buy 24-carat gold, it will be considered the purest gold. If you buy 22-carat gold, then there is only 91.66 per cent gold in it. Whereas 18-carat gold contains 75 per cent gold.
Rate is decided based on accuracy
Whenever you go to buy gold, first of all, check that your rate is going on in the bullion market. For this, you can go to ibjarates website ibjarates.com. Here every carat of gold is given a rate. The rate given on the IBJA website is for the whole country. But the GST of 3 per cent is not included in the price given on the website, you will have to add it separately.
Buy hallmark jewellery only
Remember one time that jewellery is never made from 24-carat gold, always gold purity of 22 carats or below is made from gold jewellery. Coins and bars come in 24-carat gold. Generally, 22-carat gold is used in the jewellery shop. It has a purity of 91.6 per cent. If you want a guarantee of purity of gold, then buy hallmark jewellery only. Its other advantage is that, if you ever want to sell your jewellery again, due to hallmarking, you get the market value of that jewellery. So buy the only jewellery with hallmark certificate.
A. The rate of gold from carat is determined like this
24 carat is a standard for most pure gold. Now suppose you want a purity of 1 carat gold, then it will be 1/24.
Similarly for 22-carat gold
22/24 x 100 = 91.66
That is 91.66 pure gold in 22-carat jewellery.
Suppose the rate of 24-carat gold is currently 50708. When you go to the jewellers, the rate of 22-carat gold will be fixed like this
50708/24 x 22 = will be Rs 46482
Similarly, the 18-carat gold price will also be fixed.
50708/24 x 18 = 38031