(Need to buy Gold jewellery for consumption). Points to remember

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bornsmart
Need suggestions
Should I approach for brands like tanishq etc or local retailers?
Which points to remember?
Hallmark or KDM mark?
What purity number should I expect?
Kindly guide in detail, this is going to be my first offline gold purchase. Need in good amount for marriage at home.
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  1. As it is big purchase, buy 24k gold and make ornment from gold smith. You save a lot if follow below.
  2. If wanted to buy ornaments directly, then anyshop that sells with Hallmark certificate should do, not just tanishq. The certificate tells you the weight, purity of gold ( 22k aks 916 kdm).
  3. But making charges + GST+ wastage charges makes ornaments costly in shops and you get in good designs due to their machine cut., 
  4. In contrast,  when you give it to gold smith, the cost will be less say you may save 20k per every 100g of 24k bar given to him to make, strong and durable. You may not get exact design as you see in shops but nearly it will come

Should I approach for brands like tanishq etc or local retailers?

<< i suggest you to buy 24k gold bars directly from mmtc

or b'lore refinery and goto gold smith.

Which points to remember?

<< Keep you purchase certificate from them as proof>>

<< This link gives you list of hallmark centers. Check if hallmark certificate given by smith is in this list>>

<< check the validity of hallmark center, as the smiths sometime get a certificate from expired centers to con you>>

Hallmark or KDM mark?

<< KDM is not mark but it tells the purity, thats all. Hallmark is certificate issued by jewelry shops after its been certified by BIS registered establishment>>

<< whatever it is , to make 22k gold ornment or 91.6 kdm, the gold smith mixes 8g of copper or silver for every 100g of 24k gold. How do we verify this? This is where the Hallmark registered testing agency comes to play. After ornment is made, this will be taken there for testing. Then the BIS certified agency tests this for purity and weight and issues a hallmark certificate with photo of ornment and weight for a nominal 300-500rs>>

What purity number should I expect?

<< look above that clarifies>>.

<< if its marriage ppl fall short of money they may make ornment with 18k purity( usually old times more prevalent) >>

hope it helps and wish everything to go well buddy, dont forget to call me for martiage party  food 😉


Benevolent Benevolent
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what is full form of kdm?
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Deal Newbie Deal Newbie
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I could be wrong but I do not think that it always has to be an "either or" situation between hallmark and KDM.

I mean obviously KDM (involving cadmium) has been banned by the Bureau of Indian Standards, so I meant pure gold/ kundan.

Unless you are the one (who is) going to use the jewellery themselves, how are you expecting us to suggest you on someone else's preferences about designs?

Ask THEM about where they prefer looking for designs.

Pyre gold/kundan except for ear-rings, nose rings, that thing on the head (worn on the scalp).. having 24K in any other jewellery is impractical. It is so soft and susceptible to wear tear that pure gold in finger rings bracelets or bangles/ kadaa will only put a smile on the seller.

In old days people use buy biscuits of good mines or with the stamp of the Queen (England).. smuggle it into India and got a slight premium for such gold.
Even now, if existing/ old gold is fetching proper rate, then using it is a good idea to get new jewellery in exchange.

About tips on saving.. since you mentioned Tanishq.. yes it might be possible to get both.. good designs and also savings. People here often discuss getting Tanishq vouchers at discount and then to paying for them using specific cards to get further cashbacks.

Occasions/events when brands offer discounts on 'making charges' is another thing one can hope for.. to save.

Else in Rajasthan U.P. etcetera there are informal businesses (aunties, families) who get custom work done via the artisans they know and things can be bargained with them.
Such ones can even be as exclusive as Cartier and what not.
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