Buying Gold This Dhanteras? 7 Things You Should Check Before Paying

Dhanteras is an important occasion for families who traditionally buy gold, silver, utensils and other household items. But before making a festive purchase, consumers should look beyond the design and displayed price.

Checking purity marks, understanding the bill and comparing charges can help buyers make a more informed decision.

1. Look for the BIS Hallmark

When buying hallmarked gold jewellery, check the Bureau of Indian Standards (BIS) hallmark and the purity marking. A common example is 916, which indicates 91.6% gold fineness, generally associated with 22-carat gold.

2. Verify the HUID Code

Hallmarked gold jewellery carries a six-character alphanumeric Hallmark Unique Identification (HUID) code. Buyers can use the official BIS Care app's “Verify HUID” feature to check the associated hallmark information.

3. Ask for a Detailed Bill

Before paying, check that the invoice clearly records the item, weight, purity, price and applicable charges and taxes. Keep the bill safely for future reference.

4. Understand Making Charges

Jewellers may calculate making charges as a fixed amount or a percentage. Ask how the charge is calculated and whether any additional fees apply. Compare the final price rather than looking only at the advertised gold rate.

5. Check the Buyback and Exchange Policy

If you may exchange the jewellery in the future, ask the jeweller to explain the buyback or exchange terms in writing. Policies can differ between stores and products.

6. Buying Diamond Jewellery? Ask for Separate Documentation

A BIS hallmark relates to gold purity; it does not certify the quality or authenticity of every diamond or gemstone in a piece. For diamond jewellery, ask for relevant grading documentation and written details of the stones.

7. Avoid Rushed Decisions

Festive offers and limited-time discounts can create pressure to buy quickly. Compare prices, check the product details and purchase from a reputable seller. Do not assume that every discount represents a better deal.

Make an Informed Dhanteras Purchase

Buying gold can carry cultural and emotional significance for many families. A few simple checks can help consumers understand what they are paying for and reduce the risk of confusion after the purchase.

Before heading to the jewellery shop, make a budget, verify the hallmark details and keep the invoice. A thoughtful purchase is better than a rushed decision.

BIS hallmark guidance and HUID verification information are available through the Bureau of Indian Standards. Check the latest official guidance before buying.