Avoid These 5 Gold Buying Mistakes for Weddings; Save Thousands!

Money
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News18•04-01-2026, 16:06
Avoid These 5 Gold Buying Mistakes for Weddings; Save Thousands!
- •Always check for BIS Hallmark, purity (e.g., 22K916), and HUID number to ensure gold purity and full resale value.
- •Compare and negotiate making charges across multiple jewelers; discounts on making charges can be misleading.
- •Understand gold carats; ensure you are charged for the correct carat (22K or 18K) and not 24K for ornaments.
- •Insist on separate billing for net gold weight and stone weight; pay for gold only on its net weight as stone value is zero on resale.
- •Inquire about the jeweler's buy-back policy before purchase and always get a detailed final bill with all charges.
Why It Matters: Be informed about hallmarking, making charges, carats, stone weight, and buy-back policies to avoid gold buying losses.
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