Business News Desk: As the festival of Diwali is approaching, there is a rise in the prices of gold and silver. Today in futures trade, gold is at Rs 78,200 per 10 grams and silver at Rs 96,758 per kg. There has been a huge rise in the prices of gold and silver in this festive season. Buying gold and silver is considered auspicious in India. People like to buy gold during festival or wedding season. Anyway, gold and silver are a very good option for investment. In such a situation, while the prices of gold rise, on the other hand many people sell fake gold in the name of real gold. To avoid this kind of fraud, you always need to be careful. You can easily check through a number whether you have real gold or not.
Whenever we buy any item, we need to be very careful. Actually, many types of frauds are happening today. In such a situation, if you buy gold, you should buy it only from reliable and registered jewelers. Pure gold has the hallmark of Bureau of Indian Standards (BIS). Hallmark indicates that the gold jewelery you are buying is pure.
Now a question arises in the minds of people that many goldsmiths can also print fake hallmarks on jewellery. If you ever suspect that the hallmark printed on a piece of jewelery is fake or incorrect, you can also check the authenticity of the jewelery through the Hallmark Unique Identification Number (HUID). According to BIS, a unique number is also printed on the jewelery along with the hallmark. If you look at your gold jewelery carefully, you will find a number like AZ4524 printed on it. The purity of gold can be checked through this number. This number contains information about the carat and purity of gold. Actually, the price of gold is decided according to 24 carat, 22 carat and 18 carat. Gold of 22 carat or less is used in gold jewellery.
