Buying Gold This Dhanteras? 6 Checks First
Before buying gold jewellery this Dhanteras, you must verify BIS hallmark, purity grade, HUID code, net weight, and get a proper invoice — or risk paying for gold that isn't what the jeweller claims.
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A 10gm 22K gold chain sold without HUID verification could mean you paid for 18K purity — that's roughly ₹5,000 gone on a single piece.
Skip even one and your gold purchase could cost you thousands extra
Key Takeaways
Download the BIS Care app before you visit any jeweller and scan the HUID on every piece — if the code doesn't match or is missing, walk away.
Insist on a detailed invoice that separately lists net gold weight, purity, making charges, stone charges (if any), and GST — refuse any lump-sum bill.
Compare making charges across at least two jewellers before buying — charges can range from ₹150 to ₹600 per gram and are entirely negotiable, especially on plain gold items.
Before buying gold jewellery this Dhanteras, you must verify BIS hallmark, purity grade, HUID code, net weight, and get a proper invoice — or risk paying for gold that isn't what the jeweller claims.
Here's what happened: India made HUID hallmarking mandatory for gold jewellery sold by registered jewellers, giving every piece a unique 6-digit traceable identity code.. The BIS Care app (available free on Android and iOS) lets any buyer instantly verify a piece's registered purity, jeweller ID, and assay centre details using the HUID.. Common Dhanteras fraud patterns include selling lower-purity gold (18K) at 22K prices, inflating making charges, or mixing stone weight into net gold weight on the bill..
What you should do: Download the BIS Care app before you visit any jeweller and scan the HUID on every piece — if the code doesn't match or is missing, walk away.. Insist on a detailed invoice that separately lists net gold weight, purity, making charges, stone charges (if any), and GST — refuse any lump-sum bill.. Compare making charges across at least two jewellers before buying — charges can range from ₹150 to ₹600 per gram and are entirely negotiable, especially on plain gold items..
Pro tip: If you plan to sell or pledge this gold later at a bank or pawnbroker, an HUID-verified piece with a clean invoice fetches 3–5% better valuation than unmarked jewellery of identical weight.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
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- [1]“Buying gold this Dhanteras? Don’t pay before checking these 6 things” Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News · 6 Nov 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.
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