Gold prices are on the rise again, and with growing interest from investors and consumers, it’s more important than ever to buy wisely.

Gold Prices Increase Again: Here's What You Must Know Before Purchasing Jewellery latest news: Gold prices witnessed a new hike on Friday in the futures market, fuelled by high demand and fresh deals initiated by speculators.

According to market figures: 22-carat gold increased by 110, trading at 87,200 per 10 grams
24-carat gold rose by 120, to 95,130 per 10 grams
18-carat gold rose by 90, reaching 71,350 per 10 grams

Market participants are said to have brought new trading positions, as per market analysts, which is the main reason for this rise.

 Planning to Buy Gold? Keep These Tips in Mind: As gold rates rise, consumers must be more careful. Here are some essential tips to make sure you're making a wise and secure buy:

1. Always Purchase Hallmarked Jewellery

Hallmark is your guarantee of purity. It's given by the Bureau of Indian Standards (BIS) and guarantees that the gold is up to certain quality standards.

 If your jewellery is 999, it's 99.9% pure (24-carat).
 If labeled 916, it is 91.6% pure — 22-carat gold.

 2. Demand a Proper Bill

Some people attempt to cut costs by accepting a casual, handwritten or unofficial bill. But this can turn against you.
Jewellers might deny the purchase or not accept returns or exchanges subsequently. A proper, detailed bill safeguards you and maintains transparency, such as purity, weight, price, and making charges.

 3. Don't Neglect the Purity Certificate

A purity certificate guarantees the karat value of your gold and the amount of any other metals added.

Keep in mind that jewellery is not constructed from pure 24-carat gold, since it's too soft. Most jewellery is constructed from 22-carat gold, which is slightly less pure but stronger.

Whenever you purchase gold jewellery: Ensure that you're being charged for 22-carat, not 24-carat gold.
 Make sure the certificate specifies gold purity and have it stamped and signed.
 Store both the bill and certificate securely for future resale or trading.

Gold prices are on the rise again, and with growing interest from investors and consumers, it’s more important than ever to buy wisely. Whether you're investing for the future or purchasing for an occasion, always double-check purity, pricing, and documentation to ensure you're getting real value for your money.

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