Whenever we buy any goods, we need to be very careful. Actually, in today’s time, many types of fraud are happening. In such a situation, if you buy gold, then you should buy it from reliable and registered jewelers only. Pure gold is a hallmark of the Bureau of Indian Standards BIS. The hallmark tells that the gold jewelry you are buying is pure.
Do you have real gold or fake?
Now the question comes in the mind of people that many goldsmiths can also print fake hallmarks on jewelry. If you ever doubt that the hallmark printed on the jewelery is fake or wrong, then you can also check the purity of the jewelery through the Hallmark Unique Identification Number (HUID). According to BIS, a unique number is also printed on the jewelry along with the hallmark.
If you look carefully at your gold jewelry, then a number like AZ4524 will be printed on it. Gold purity can be checked through this number. This number contains information about carat and gold purity. The price of gold is determined according to 24 carat, 22 carat and 18 carat. Gold jewellery is made of 22 carat or less carat gold.
As the festival of Diwali is approaching, the prices of gold and silver are increasing. Today, the price of gold in futures trading is Rs 78,200 per 10 grams and the price of silver is Rs 96,758 per kg. There was a great rise in the price of gold and silver this festive season.
More are bought on Diwali
Buying gold and silver is considered auspicious in India. People like to buy gold during festivals or wedding season. Anyway, gold and silver are a very good option for investment. In such a situation, where the prices of gold increase, on the other hand many people sell fake gold in the name of real gold. To avoid such fraud, you always need to be careful. You can easily check whether you have real gold or not through a number.