Gold and Silver Prices Plummet: 5 Key Tips Before You Buy!

• Gold and silver prices have dropped significantly in India over the past few days, leading to increased purchases.
• Silver is currently more popular due to its lower price compared to gold, especially with the wedding season approaching.
• Always check for the BIS hallmark on silver to ensure purity and ease of future resale.
• Understand silver grades (9999/9995 for coins/bars, 990/925 for jewelry) to ensure you buy the correct quality.
• Be aware of making charges (10-20% for silver jewelry), German silver fraud, and always insist on a correct bill detailing price, weight, purity, and GST.

Why It Matters: Amid falling prices and wedding season, follow 5 crucial tips for smart gold and silver purchases.