Who does not get attracted by the warm glow of gold jewellery? But how do you know that the gold jewellery that you are buying is proper and authentic? Today, there are several options available in gold jewellery and you should know about them in detail. Whether you are buying the original yellow gold or prefer to buy the stylish white gold, it is crucial to keep in mind some of the important factors.
The Purity Level:
The very first thing that you need to know about is the level of purity that you want to have in your gold jewellery. You should know some basic things about the purity of gold.
- The 24K gold is 100% pure gold. Jewellery made out of this gold is the most expensive but may not be much durable. Original gold is tender and may break much faster than the gold that is not pure. But if you are buying it for the purpose of investment, it can be one of the best purchases.
- The 22K gold is 91.6% pure gold and the rest are some other alloys such as copper and silver. If you are willing to have gold jewellery that is durable and is worth the investment, buying this jewellery made up of this gold is a great option.
- The 18K gold consists of 75% gold while the other 25% consists of different alloys. You can identify 18K gold quite easily as it will not have much of that warm yellowish colour that the 24K gold has. But these are very durable and most of the complex designs are made using this gold. Currently, women prefer to buy white gold that has 75% pure gold and 25% nickel or zinc in place of copper.
The Per Gram Cost:
The next thing that you need to know is the cost of the per gram gold in the market. Normally, the per gram cost of gold is the same everywhere. But at some showrooms, the cost may vary depending upon the associations from where the showrooms get their gold. It is always a great idea to stay aware of the current rate of gold before visiting a gold jewellery shop so that you can have transparency in terms of the price of gold. Also, this will help you in estimating the price of any jewellery that you wish to buy.
The Certification:
If you are buying gold jewellery from a proper place, they will provide you with a certification that can ensure the purity of the gold jewellery. The certificate that you get from the store will have some of the important details such as:
- How much pure the gold is, that you have bought?
- What is the rate of gold as per the association from where the store has got gold?
- Weight of the gold jewellery, that you have bought.
- The price of the jewellery, that you have bought.
- The stamp and signature from the store.
This certificate is an assurance that the gold you have bought from the store is genuine. Thus, it is always quite ideal to buy your gold jewellery from a store that offers you a certification of purity.
Other Charges:
Apart from the rate of the gold, the store may implement other charges too such as the making charge of the jewellery, tax, and others. Often it is these extra charges that may increase the price of the jewellery. Hence, you should check out the making charges that different jewellery stores are charging before deciding to buy the jewellery. There are many times when some store may offer zero making charges during certain occasions and festivals. This can be the perfect chance to buy the jewellery from such a place at a much lower cost.
The Terms for Buy Back:
Apart from checking out the factors that are above-mentioned, another vital factor that you should surely check out is the buyback term. There can be many times when you may have to exchange the jewellery after a few years for some reason such as to get a new design or to replace broken jewellery. Often, it may happen that when you go for the exchange of the jewellery, the store may not offer you the value at which you have bought the jewellery or as per the current rate of gold. Hence, you should know the buyback terms of the store even in the case of 18K gold or white gold so that you do not have to regret later on. Also, it is a great idea to have a conversation with some of the existing customers of the store who have availed the buyback feature of the store.
Buying gold can be a risky task if you are not aware of the factors that you need to consider in buying it. Hence, it is important that you learn the tips that will help you in getting the right gold jewellery at the right price.