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Now, gold prices to decide jewellery making charges

Labour charges to be 15-20% of market value of gold used With rising gold prices rendering the age-old labour charges of Rs 100 to 250 per gram as peanuts, Rajkot-based jewellers have decided move on to market price-based labour costs. Henceforth, the jewellers have decided to charge labour rates in the range of 15-20 per cent of the prevailing market price of gold used in the jewellery. Traditionally, a fixed amount for jewellery making labour (in the range of Rs 100 to Rs 250 per gram depending on the type of jewellery) is levied on the customers. However, this has changed ...