When it comes to buying gold jewelry, it’s about more than just beauty and design. To ensure you’re getting the best value for your money, there are many details you need to consider. If you live in the UAE or the Gulf region, knowing these tips will be very helpful.
Let’s Learn About The Different Types Of Gold.
There are several types of gold, based on purity and karat. 24-karat gold is the purest but least durable, as it’s 99.9% pure gold and therefore very brittle. 22-karat and 18-karat gold are stronger than 24-karat. Don’t worry, let’s find out why! 22-karat and 18-karat gold are made by combining gold with other metals like copper or silver. This is an age-old practice that makes the gold stronger.
If you love wearing gold and want to buy gold for everyday wear, read our blog to learn the clear and detailed differences between 24, 22, and 18-karat gold.
Let’s Understand The Effect Of Karat And Price On The Gold In Jewelry.
As we mentioned earlier, there are several types of gold in the form of karats, which represent the amount and percentage of pure gold in a piece of jewelry. The higher the percentage of karat, the higher the price of the piece. People have many purposes for buying jewelry, especially gold jewelry, which is bought so frequently, so there are many purposes.
If you want to buy gold or jewelry for personal use or investment for a long period, and want to know the difference and benefits of basic investment in gold or jewelry, be sure to read our blog.
Be Sure To Verify The Seals And Certification When Buying Gold Or Jewelry.
All gold sold in jewelry stores has a special certified label stamped on it. Therefore, when buying gold, always make sure that the piece of jewelry has a certificate and a stamp with the karat clearly marked. You will find this stamp on the back of the jewelry. In the UAE and Gulf countries, strict standards are followed to ensure the quality of gold, so check the official stamp on any gold you buy.
It Is Important To Understand The Global Prices Of Gold Before Buying.
As you know, every market runs on the ups and downs of prices, similarly, gold prices change daily based on the global market. If you want to buy a piece of gold or jewelry at a good and cheap price, the best way is to get more gold for less money. The best way to do this is to keep an eye on gold prices on a daily basis. The price of gold varies according to each state and its currency, i.e., its local market rate. If you are from Dubai and want latest gold price get here our live gold rate dubai, Not only that, but we have also created a live call calculator where you can also calculate the price of different types of gold. If you are not from Dubai, follow the global stock exchange.
It Is Also Important To Know The Difference Between The Gold Being Bought And The Price Paid For Labor.
Just as we go to get our vehicle serviced, we pay the mechanic separately for the maintenance and labor, in the same way, when we go to buy jewelry and gold, we pay for the craftsmanship i.e., labor charges in addition to the gold. The price of craftsmanship varies based on the design and details, i.e., the more beautiful and attractive jewelry you like, the higher the price will be because both labor and time are spent on this work. Always negotiate before buying to get a fair and best price so that the experience of the seller and buyer is good.
Choosing A Good And Right Jeweler Store For Shopping.
As you all know that Dubai Gold Souk Market in the UAE has a popular place for buying and selling gold jewelry. Although people keep visiting the market daily for some shopping purpose. A small habit can save you from expensive purchases. That is, whenever you have to make any purchase, first review the prices online at your fingertips so that you can get a good idea of the quality and price of the item. Now when you have already gone to the market, instead of buying directly from one shop, compare the price and quality of your favorite item from some shops.
Before Paying The Jeweler, Read The Exchange And Return Policy Of The Gold Or Jewelry You Have Taken Carefully.
Often it happens that we have to return the gold for any reason. Like suddenly needing money due to any emergency or having to change it in case of liking a new design, in such a situation, study the store exchange and return policy carefully at the time of purchase so that later in any case, you can easily return, exchange or get the money back.
Here we will talk about some important and basic questions which are generally necessary to ask at the time of purchase so that there is a satisfactory purchase. These important questions are as follows:
What is the weight of this piece of gold and what is the percentage of pure gold in it?
Does this gold come with a warranty and if so, is the warranty for a lifetime or for a specific period?
What will be the price of preparing the draft and is there any room for price reduction?
Will there be any discount or any offer or any discount on any credit card?
Buying Gold With Extra Money Is A Long-term Investment.
If you have extra money and you don’t want to use it anywhere, then you should invest in it by buying gold. And buy gold bullion instead of jewelry. Because bullion does not include the cost of craftsmanship like jewelry and the amount of gold is higher at a lower price, which will prove very profitable for a long-term investment.
It Is Also Important To Ensure The Maintenance Of Your Gold Jewelry.
People always hide precious things. But don’t hide it so much that you forget to take care of it. Especially after buying gold jewelry, it is very important to take proper care of it, always keep your gold jewelry in a moisture-free and dry place and to maintain its shine, regularly clean it with the help of cleaners and tools dedicated by your jeweler, following the instructions.
Conclusion
Thus, we keep buying something or the other according to our needs in daily life, but since gold and jewelry are very precious things and buying them again and again is not within everyone’s reach. But the opportunity to buy gold is pleasant for every family and man and woman. Whether it is for yourself or for children, in any case, there are very pleasant moments. But for this, it is very important to have information and study about gold, especially when you spend your hard earned money in buying gold. By following all the suggestions provided in this blog, you can get a good quality and valuable gold and jewelry for yourself. If you are currently in the UAE or the Gulf region, choosing the right market and the right piece will make your experience more successful and satisfying.
