Gold consumption in India always remains because Indian people are very interested in jewelery, but on the occasion of festivals such as Akshaya Tritiya, the purchase of this yellow metal as Indian, in the form of coins, gold biscuits and even bar (rods) Have come. However, before investing in these, you should take care of some things. We are going to tell you about these here.
Learn about accuracy
Make sure that you get what you want. Gold purity is measured in caret. The more the carats are, the more pure the gold is. 24 Carat Gold is considered the most clean. Next comes the number 22 and 18 carat gold. If you are buying gold in terms of investment, 24 carat gold is most suitable. 22 carat gold for julari is good. The price of 24 carat gold is the highest.
Information about refining
When buying essential gold bars, there is also a need to pay attention to where it has been refined. It is good to buy refined gold biscuits in popular refineries. These ensure the highest level of accuracy. There are two such refineries in India: joint venture between Bengaluru Refinery and MMTC-PAMP (Public Sector MMTC and Switzerland's PAMP SA).
Ask about Tolerance Level
When buying gold biscuits, ask about weight and purity tolerance levels (variation in accuracy). Some gold bars come with +/- tolerance level. While at some time there is a neutral negative weight tolerance and negative negative tolerance. In this way, making sure you buy a gold biscuit what you are being given and what price you are paying.
Focus on certification
Buying gold is a must see hallmark. Always buy it from BURE (Bureau of Indian Standards) Hallmarked Zoolar. Now all jewelery / coins / bars in the market come with Bears hallmark. A list of jewelers who sell Bios-Certified Jewelery can be seen on the BURE website.
Check packaging
Gold bars should be paid by purchasing online and paying attention to it. Its delivery should not be open.
What is the return policy?
If the gold bars are being bought from the online platform, then it is wise to look at the terms of the return on behalf of the seller. These days, big companies have their own online stores. They have the option of changing the purchased products.
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Learn about accuracy
Make sure that you get what you want. Gold purity is measured in caret. The more the carats are, the more pure the gold is. 24 Carat Gold is considered the most clean. Next comes the number 22 and 18 carat gold. If you are buying gold in terms of investment, 24 carat gold is most suitable. 22 carat gold for julari is good. The price of 24 carat gold is the highest.
Information about refining
When buying essential gold bars, there is also a need to pay attention to where it has been refined. It is good to buy refined gold biscuits in popular refineries. These ensure the highest level of accuracy. There are two such refineries in India: joint venture between Bengaluru Refinery and MMTC-PAMP (Public Sector MMTC and Switzerland's PAMP SA).
Ask about Tolerance Level
When buying gold biscuits, ask about weight and purity tolerance levels (variation in accuracy). Some gold bars come with +/- tolerance level. While at some time there is a neutral negative weight tolerance and negative negative tolerance. In this way, making sure you buy a gold biscuit what you are being given and what price you are paying.
Focus on certification
Buying gold is a must see hallmark. Always buy it from BURE (Bureau of Indian Standards) Hallmarked Zoolar. Now all jewelery / coins / bars in the market come with Bears hallmark. A list of jewelers who sell Bios-Certified Jewelery can be seen on the BURE website.
Check packaging
Gold bars should be paid by purchasing online and paying attention to it. Its delivery should not be open.
What is the return policy?
If the gold bars are being bought from the online platform, then it is wise to look at the terms of the return on behalf of the seller. These days, big companies have their own online stores. They have the option of changing the purchased products.
For our regular updates on the stock market, please click on our Facebook page. Click here to like page
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