Gold Buying Guide India

Step 1: Understand What You're Buying

Gold jewellery in India is typically sold in 22K (916 hallmark) — 91.6% pure gold. The remaining 8.4% is other metals that make it durable enough for jewellery. 24K gold is too soft for most jewellery designs.

Step 2: Check the Hallmark

Since June 2021, BIS hallmarking is mandatory for all gold jewellery sold in India. Look for the 6-character HUID code and verify it on the BIS Care app. Do not buy unhallmarked gold jewellery.

Step 3: Understand Making Charges

Making charges are separate from the gold price. They typically range from 8–25% depending on the design complexity and jeweller. Ask for the breakdown: gold weight × gold rate + making charges + GST (3%).

Step 4: Compare Resale Policy

Ask the jeweller about their buyback policy before purchasing. Good jewellers offer 100% of gold value minus making charges on exchange. Always get a proper bill with weight, purity, and making charges itemised.

Step 5: Check Online Before You Go

Today's gold rate is publicly available. Compare the rate the jeweller is charging against the market rate. A premium of ₹50–100/g is normal; more than that warrants questions.

Pre-Purchase Checklist