Comments on: Business of Gold http://expertdabbler.com/2008/05/21/business-of-gold/ Thu, 08 Jan 2009 01:00:03 +0000 http://wordpress.org/?v=2.2.1 By: prabukarthik http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40398 prabukarthik Fri, 23 May 2008 15:01:41 +0000 http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40398 suganya welcome :) yes you are right, i am not used to buying jewels :) but negotiating 200-300Rs. for a single gram is lot of money. namba chennai auto kadhaya illa irukku? suganya

welcome :)

yes you are right, i am not used to buying jewels :)
but negotiating 200-300Rs. for a single gram is lot of money.
namba chennai auto kadhaya illa irukku?

]]> By: Suganya http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40365 Suganya Fri, 23 May 2008 06:19:00 +0000 http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40365 Not sure whether you have purchased jewelery before. But its always been like this - kathrikkai vyabaram. "Konjam paathu podunga", and off goes 200-300 Rs. Not sure whether you have purchased jewelery before. But its always been like this - kathrikkai vyabaram. “Konjam paathu podunga”, and off goes 200-300 Rs.

]]> By: prabukarthik http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40353 prabukarthik Fri, 23 May 2008 03:06:53 +0000 http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40353 NV sir I spoke to my cousin. According to him 91.6 Hallmark is the BIS standard for the purity of gold. If you insist, you can always wait for sometime and get your purchase hallmarked at the rate of 30 rs/gm (this is again levied on the customer and not borne by the seller). Hallmarking is not done for individual pieces, you have to send in kilos hence the wait period. One more important thing, we can also get a hallmark for 18 carat gold :) Suppose, if a seller says he has some 18 carat gold and wants it hallmarked, he can get it hallmarked as 18 carat gold. Epdi ISO/SEI-CMM la neraya variants irukko adhey madhiri dhaan... He says lot of marketing gimmicks are happening in this business. The thing to look for when buying gold: BIS/Hallmark for the carat the seller claims Shop seal Proper bill As far as he knows, Tanishq does not go for hallmarking. Not sure why :( He says they have their own market. NV sir

I spoke to my cousin. According to him 91.6 Hallmark is the BIS standard for the purity of gold. If you insist, you can always wait for sometime and get your purchase hallmarked at the rate of 30 rs/gm (this is again levied on the customer and not borne by the seller).

Hallmarking is not done for individual pieces, you have to send in kilos hence the wait period.

One more important thing, we can also get a hallmark for 18 carat gold :)
Suppose, if a seller says he has some 18 carat gold and wants it hallmarked, he can get it hallmarked as 18 carat gold.

Epdi ISO/SEI-CMM la neraya variants irukko adhey madhiri dhaan…

He says lot of marketing gimmicks are happening in this business.
The thing to look for when buying gold:

BIS/Hallmark for the carat the seller claims
Shop seal
Proper bill

As far as he knows, Tanishq does not go for hallmarking. Not sure why :( He says they have their own market.

]]> By: Narayanan http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40305 Narayanan Thu, 22 May 2008 20:05:46 +0000 http://expertdabbler.com/2008/05/21/business-of-gold/#comment-40305 PK - What a coincidence..I also wrote about GOLD a few days back. My question - How do these small stores ensure the Quality of Gold? PK - What a coincidence..I also wrote about GOLD a few days back.

My question - How do these small stores ensure the Quality of Gold?

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