Check Gold Purity: This year, Gold prices have been increasing continuously with an appreciation of over 50% till now. The main reason for the price increase in gold is fueled by macro-level uncertainty, hoarding by central banks, and investors rushing as a hedge against volatility.

As the festive season is here, with a lot of offers, most of the jewelry sellers tend to give huge discounts on their making charges. There was a huge demand for buying gold during Navaratri in those nine days. Now, as this month is going to see another important festival, Diwali (Dhanteras), there is already a huge demand for gold out in the market.

But, as the demand increases, there is a slight doubt about getting scammed while buying gold. During purchasing gold, most people just trust the seller and go blindly for the purchase. But, do you know there are some steps to check the purity of gold?

Let’s now check how to find out the gold purity and how accurately we can do it alone. It’s very important to check the gold purity, as this is going to be a long-term investment, so it is better to check the purity before getting scammed.

Here’s How to Check the Purity:
Genuine gold jewelry in India is identified by the Bureau of Indian Standards, or BIS. The precise measurement and official documentation of the proportionate amount of precious metal in precious metal products is known as hallmarking.

Gold Carats and its Purity:
1. 24 K – 99.9% pure gold (999)
2. 22 K – 91.7% pure gold (917)
3. 18 K – 75% pure gold (750)
4. 14 K – 58.3% pure gold (583)
5. 10 K – 41.7% pure gold (417)

Also Read: Indian Government Issues High-Risk Warning For Google Chrome Users

Simple ways to check gold purity:

1. BIS hallmark:

It is very important to check the BIS hallmark. For this, there are very simple steps to identify. First is see the BIS logo and check the purity number, which is written in carats or fineness like 22K or 916 for 91.6 % purity. There will be the jeweler’s brand mark on it, which can be trusted for a moment.

2. BIS Care App:
It is advised to use the BIS care app for verifying gold and the jewelry seller. You can download the BIS care app and tap Verify Jeweller/Assaying & Hallmarking Centre. Following that, you can enter the 6-digit HUID number. In this app, they show the purity of the gold, the Jewelry seller’s name, and the Hallmark info.

3. Magnet Test:
There are other steps where gold can be easily detected if it is fake. In this process, if you use a magnet near the jewelry, it should not get attracted. As gold is non-magnetic, if it sticks, then that jewelry has a mix of other metals.

4. Water Test:
In the process, you can test the gold by putting it in a small bowl of water. If the gold sinks, it is very pure, but if it’s fake or impure gold, it floats on the water. The 3 and 4 processes don’t give 100% accurate information, but they can give you an idea of how to check it in the XRF test.

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