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Buying gold this Dhanteras? 5 checks to avoid getting cheated

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Business Standard

This Dhanteras, buying gold requires more than checking the price. Before purchasing, verify the BIS hallmark, including the purity mark and six-character HUID code through the BIS Care app. Ask for a proper invoice detailing net gold weight, making charges, gemstone costs and GST. Check the jeweller's buyback policy and understand the difference between gross and net gold weight. You can also get jewellery independently tested at a BIS-recognised centre. If the purity falls short of what was promised, you may be eligible for compensation under BIS Rules.

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