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Old Jewellery Price : Attention If you are going to buy new gold jewelery by exchanging it, then know the very important rules.

New Delhi. Wedding season is going on and the wedding may be in one’s own home or at a relative’s house. It is not possible for women not to adorn themselves with jewellery. Besides, she also wants new design jewelery every time and for this she does not shy away from changing the old jewellery. The trend of exchanging old jewelery and buying new ones is highest in India. But, the whole game also starts from here. Be it small jewelers or branded showrooms, everyone is involved in exchanging old jewellery.

Actually, whenever you go to exchange old jewelery for a new one, the biggest difficulty comes with the purity of gold. Due to this dilemma, you often do not get a fair price for your jewellery. Today we will tell you how jewelers gamble with your old jewelery and the customer has to suffer loss. Also, what precautions should you take so that you can always get the right price for your old jewellery?

The process of exchanging jewelery is not easy. The

process of exchanging old jewelery and getting new jewelery at the same price is not so easy. Old jewelery is always examined in 2 steps. First it is scanned by placing it on the carat meter machine. This shows how many carats of gold are there in the jewellery, but it is able to scan only the outer layer.

In the second process, a small piece of the jewelery is melted and examined, so that the actual purity of the gold can be tested. This is where all the problems start. According to Live Mint, every time the melted gold is scanned, its readings get different. In such a situation, jewelers set the price of gold based on the lowest reading.

The process of exchanging jewelery is not easy. The

process of exchanging old jewelery and getting new jewelery at the same price is not so easy. Old jewelery is always examined in 2 steps. First it is scanned by placing it on the carat meter machine. This shows how many carats of gold are there in the jewellery, but it is able to scan only the outer layer.

In the second process, a small piece of the jewelery is melted and examined, so that the actual purity of the gold can be tested. This is where all the problems start. According to Live Mint, every time the melted gold is scanned, its readings get different. In such a situation, jewelers set the price of gold based on the lowest reading.

How to trust the validity of the machine:

Actually, the X-ray fluorescence spectrometer or carat meter machine used to test gold is neither sold by the government nor given by any authority. In such a situation, there is doubt about the reliability of this machine. Almost all jewelers adopt the scale to measure the purity of jewelery by melting it. Even the big brand ones. Even if the customer has a bill, the purity of his jewelery is measured through this process.

There are only a few small jewelers who agree to replace the jewelery without melting it. However, such jewelers reduce the price of your jewelery by 25 to 30 per cent, which is added as wastage charge. Different jewelers also charge different wastage charges on these jewellery. Its range can be from 3 to 6 percent. It depends on the purity of gold used in jewellery.

What to do for a good price:

Udit Narang, who runs a jewelery shop under Narang Legacy brand in Delhi, says that to check the quantity of gold in jewellery, it is melted and tested. For this, most of the jewelers use XRV testing purity machine. If your jewelery is hallmarked then there is no need to melt it. The purity of gold is written in hallmarked jewellery. Therefore there is no need to test it.

 

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 6 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @jharkhandbreakingnews@gmail.com
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