As Dhanteras approaches, a time celebrated for buying gold, many consumers are eager to make their purchases. However, in the rush to acquire gold during this auspicious occasion, some may overlook the crucial step of verifying purity. Unscrupulous merchants might try to sell gold of inferior quality, making it essential for buyers to know how to examine the purity of gold properly. Here’s a comprehensive guide to help you ensure that your gold purchases are genuine and certified.
The Bureau of Indian Standards (BIS) hallmark is the most reliable certification for gold purity. It guarantees that the gold meets the required purity standards. The hallmark includes crucial information, such as the purity in karats (e.g., 22K916 signifies 91.6% pure gold) and the identity of the jeweler.
Every piece of hallmarked gold jewelry is assigned a unique Hallmark Unique Identification (HUID) number. This number aids in confirming authenticity. You can verify the HUID using the BIS Care App, which provides detailed information about the jewelry’s purity, registration, and hallmarking center.
Downloading the BIS Care App from your smartphone’s app store is a smart move for gold buyers. The app allows you to enter the HUID number to verify whether the gold is genuine. Additionally, it provides vital information regarding the jeweler and the hallmarking center.
Gold jewelry comes in various purity levels, measured in karats. Common grades include 14K, 18K, 22K, and 24K. For significant purchases during Dhanteras, 22K gold is a popular choice for jewelry, while 24K gold is preferred for coins and bars.
For a quick home inspection, you can use a magnet. Genuine gold does not react to magnets; if your gold item is attracted to a magnet, it may not be pure.
Always request a complete bill from the jeweler that includes the gold’s weight, carat, and hallmark certification. This documentation will be helpful for any future transactions, including selling the gold.
As Dhanteras approaches, it’s essential to remain vigilant while purchasing gold. By following these guidelines, you can ensure that your gold is genuine, giving you peace of mind as you celebrate this auspicious occasion. Stay informed and make informed choices to avoid falling victim to fraudulent practices. Happy Dhanteras!
