Dhanteras 2021: Planning to buy gold or silver jewellery? Always check these basic factors

In India people love investing in gold and silver. They not only consider it auspicious but these metals also help people at time of financial crisis or emergency. Dhanteras, which will be celebrated on November 2, 2021, is the day when people buy gold jewellery, silver jewellery, coins, utensils, etc. as a way of welcoming Goddess Laxmi to their households.

So, this Dhanteras if you are planning to buy gold or silver jewellery then here are some basic factors which you need to check or consider:

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1. Check the price: It is very important to check the price of gold and silver in your city before buying it as the rate keeps on changing on a daily basis based on the market price. Also, the rate varies in different cities. You need to check your budget too.

2. Hallmarking: Always look for hallmarks while buying gold or silver jewellery. It can be noted that hallmarking proves the purity of the metal. Gold and silver are certified for their purity by the Bureau of Indian Standards or BIS.

3. Check the weight: Mostly gold and silver jewelleries are sold by weight, with heavier pieces costing more. Some jewelleries also have certain stones embedded in it which can increase the overall weight of the jewellery therefore it is always advised to check the weight.

4. Check exchange value: Gold and silver jewelleries are often seen as an investment option and sometimes people do exchange their old jewellery for the new piece. In such cases it will be better if you can discuss the exchange rate or value of the metal from the seller at the time of purchase.

5. Do not forget to ask for the bill: Never ever forget to ask for a bill for your purchase. The bill will not only help you during the exchange or return of the jewellery but will also act as a proof of the purchase. It can also help you to approach the right authorities in case of any fraud or claim.