Hardly any one buys gold in a casual impulse these days, considering the soaring prices of the gold jewelry, and the high making charges that different jewelry showrooms charge. Considering the value of gold, loans are also given against gold jewelry, and it has become a widely common practice these days as it ensures fast arrival of cash during hour of need.

Hardly any one buys gold in a casual impulse these days, considering the soaring prices of the gold jewelry, and the high making charges that different jewelry showrooms charge. Considering the value of gold, loans are also given against gold jewelry, and it has become a widely common practice these days as it ensures fast arrival of cash during hour of need. Gold is considered as a future investment; as there is a common saying that one can never lose if he invests in gold, as it always grows.

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Most of the middle class people treat gold jewelry as an asset not just some piece of jewelry. To them it is a way of getting easy money in desperate times. But what if the gold is not worth the money, that you spend? There have been several hoax cases of jewelry frauds, where the buyer was cheated, as he was sold gold of less purity, hence the money was spent in vain. To stop this practice the BIS system of hallmarking of gold jewelry was started. The Bureau of Indian Standards has been entrusted with the job of certifying the purity of the gold.

Karat

Percentage of Pure Gold

Fineness (BIS Hallmark)

24K99.9999.9
22K91.60916
18K75.00750
14K58.50585
12K50.00500
9K37.50375

 

To make sure that you are not been cheated, you should always look for the hallmark stamp on the jewelry that you buy. The hallmark proves that the gold has been tested and proved of its authenticity. Sometimes even the hallmark is forged to cheat the customers but in that case the buyer can go to the authorized Assaying and Hallmarking center to test the purity of the gold jewelry, if it is proved that the gold is not pure as per claimed by the seller then the buyer has the right to get refunded and the seller is bound to replace the jewelry with an original one.

We at ashtiktrinkets.com make it a point that all our jewelry are BIS Hallmarked and we can vouch that our marks are totally genuine.