Dhanteras 2022: Things To Keep In Mind Before Buying Gold On Dhanteras

Dhanteras is an auspicious time to invest in gold. Purchasing gold on Dhanteras is thought to bring good luck and fortune. Check out a few things that you must keep in mind before buying gold!

People Purchasing Gold On Dhanteras (Representational Image)

Source : Getty

Everyone is eager to celebrate Diwali with enthusiasm and opulence as it draws near. To get ready for the celebrations, people have already started their shopping spree. It usually lasts five days and occurs on the thirteenth lunar day of Krishna Paksha. Dhanteras or Dhanwantari Triodasi is the first day of Diwali celebrations.

Dhanteras is an auspicious time to invest in gold. Purchasing gold on Dhanteras is thought to bring good luck and fortune. The practice of buying gold on Dhanteras dates back centuries and continues to this day. Here are a few things to remember before buying gold on Dhanteras, according to Aanchal Jain, Founder at Izzari by Aanchal Jain:

Always Opt For Hallmarking Jewellery:

Each jewellery item you purchase must have complete hallmarks. BIS logo, name/logo of the hallmarking center, The logo of the manufacturer (for example, each creation of Izzari by Aanchal Jain bears its logo) and the purity of the gold.

Plan Your Set Of Jewellery Items Accordingly:

The budget plays a very crucial role in Indian families, and the decision to buy gold should always be dependent on the family budget. Customers with a low budget can plan gold earrings and rings, while customers with a high budget can plan heavy chokers, bangles, and long sets.

Check For The Making Charges:

Making charges are added to the final cost of the jewellery before Goods and Services Tax (GST), which is negotiable at the jewellery stores. Always make certain that the making charges are solely based on the design and market rates. Paying heavy making charges would increase the rate of the product value, resulting in a high cost for the customers.

Look For Trusted Sellers:

It is very important to check the authenticity of the seller and buy gold only from trustworthy sellers for a smooth purchase to avoid issues later on. You may check the purity of the gold on the machine available at the jewellers.

Buy-Back Policy:

Always check the buy-back policy before making any jewellery purchase. Different jewellers have different policies for the resale of jewels. Some jewellers deduct a certain percentage, while some have the policy to consider the current price. Never be in a hurry and always check for the buyback policy.

Certification Of Jewellery:

Purchasing jewellery is a big decision, and it comes with a heavy investment. Always buy certified jewellery from any jewellery store. It is very important to buy certified jewels for reliability and to sell the jewellery in the future.