The majority of Indians believe that purchasing gold during festival occasions is auspicious and would benefit both individuals and families by bringing money and good fortune.
Festivals also make gold purchases ideal because there are many exclusive deals offered by jewellers.
Buying gold on Akshaya Tritiya
Akshaya Tritiya is an auspicious day that unequivocally promises everlasting prosperity. The day is strongly believed to bring perpetual wealth to those who buy gold on this occasion.
Gold prices today
Here are gold rates of popular jewellers, such as Kalyan Jewellers, Tanishq, and Malabar Gold, as of May 4, 2024(12.25 PM IST).
Making charges
One thing you should know is that location and quality have an impact on the price of gold. First, because there are many grades of gold, ranging from 9K to 24K, the price of gold fluctuates according to quality. You also need to take into account the amount that the jeweller will add in fees. The percentage of the total weight of the gold that is charged might range from 6% to 14% or more depending on the design.
Which precious metals are Hallmarked in India?
In India, at present two precious metals namely gold and silver have been brought under the purview of Hallmarking.
How much does it cost to get a silver article hallmarked?
Following hallmarking charges are applicable
Rs.25/-per article
Minimum charges per consignment is Rs 150.00. (Services Tax and other levies as applicable shall