Buying gold is considered auspicious. Whenever the demand for gold increases in the market, many people sell fake gold in search of this opportunity. In such a situation, to avoid such fake gold fraud, it is important to check the gold. You can check through the Hallmark Unique Identification No. printed on gold jewellery.
As the festival of Diwali is approaching, the prices of gold and silver are increasing. Today, the price of gold in futures trading is Rs 78,200 per 10 grams and the price of silver is Rs 96,758 per kg. There was a great rise in the price of gold and silver this festive season.
Buying gold and silver is considered auspicious in India. People like to buy gold during the festival or wedding season. Anyway, gold and silver are a very good option for investment. In such a situation, where the prices of gold rise, on the other hand many people sell fake gold in the name of real gold. To avoid such fraud, you always need to be careful. You can easily check whether you have real gold or not through a number.
How to check gold
Whenever we buy any goods, we need to be very careful. Actually, many types of fraud are happening in today’s time. In such a situation, if you buy gold, then you should buy it only from reliable and registered jewelers. Pure gold has a hallmark of Bureau of Indian Standards BIS. The hallmark tells that the gold jewelry you are buying is pure.
Now the question comes to the mind of the people that many goldsmiths can also print fake hallmarks on jewelry. If you ever doubt that the hallmark printed on the jewelry is fake or wrong, then you can also check the purity of the jewelry through the Hallmark Unique Identification Number (HUID). According to BIS, a unique number is also printed on the jewelry along with the hallmark.
If you look carefully at your gold jewelry, then there will be a number printed on it like AZ4524. Gold purity can be checked through this number. This number contains information about carat and gold purity. However, the price of gold is decided according to 24 carat, 22 carat and 18 carat. 22 carat or less carat gold is used for gold jewellery.
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