- Why pay more for gold jewelry?
- Get discounts on 'making charges' on Dhantrayodashi
- Learn simple tricks
Dhanteras Muhurat trading 2026 : Many people buy gold on Dhantrayodashi. Some buy coins on this day while others buy jewelry. But while buying gold jewelry most people ask for 22 or 24 carat. After this, payment is made as per the final bill issued by the jeweller. But while buying gold jewelry, not only the price of gold, but also the making charges gst on it all increase the price of gold jewelry. But if you pay attention to this, you can save thousands of rupees. ( Dhanteras Muhurat trading 2026 )
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What are the different charges?
This money is taken in the name of expenses for jewelry making and decoration. Different jewelers charge different fees. Somewhere this fee is charged on a per gram basis while at other times it is charged as a percentage of the gold price. In such cases, it is important to understand the calculation before purchasing. If we understand that, we can save a lot of our charges.
How are the making charges levied?
Jewelers use two methods to charge processing fees. The first method is to charge a fixed amount per gram. For example, if a jeweler charges ₹300 per gram for the process and you buy 8 grams of jewellery, you will have to pay ₹2,400.
In the second method, the jeweler charges a fixed percentage of the gold price as transaction fee. Suppose the gold used in 8 grams of jewelery costs ₹40,000 and processing duty is 12%. In such cases, you will have to pay ₹4,800 as processing fee.
How do you save ₹2,400?
Suppose you are buying 8 grams of jewelry and 10 grams of gold costs ₹50,000. Accordingly, 8 grams of gold will cost ₹40,000.
| expenses | Fixed Charge 12% | Processing fees |
|---|---|---|
| The price of gold | 40,000 | 40,000 |
| Processing fees | 2,400 | 4,800 |
| total amount | 42,000 | 44,800 |
What are the ways to reduce charges?
1. Make sure by asking two-three shops for rates. Processing charges for jewelery of the same design or weight may vary from bullion to bullion. So, check the price in at least two-three shops before buying.
2. Compare fixed and percentage charges. Don't just ask for processing fees; Also know whether it is per gram or as a percentage of the gold price. Calculate both before making your decision.
3. Choose lightweight and machine-made designs. Jewelry with delicate or heavy craftsmanship may incur higher handling charges. If you're looking to buy jewelry at a lower price, consider plain or machine-made designs.
4. Make the most of the festive offers. Many Sarafs offer discounts on transaction fees during Dhanteras and Diwali. But don't buy just because of the discount. First, check the total bill and determine how much you're actually saving after the discount.
5. Check the bill while buying new jewelery for old gold. If you are buying new jewelery in exchange for old gold, get a separate calculation from the goldsmith for the cost of the old gold, its deductions and handling charges on the new jewellery.
What exactly to check on the bill?
After buying jewellery, never pay without checking the bill. It should clearly mention the purity of gold, its weight, current gold rate, processing charges, wastage of gold and GST. If the jewelry contains diamonds or other stones, ask for their weight and price separately. Also, be sure to check for the BIS hallmark and the six-digit HUID number. Generally 3% GST is charged on jewelery bills. So, be sure to check the final bill, even after discounting the processing fee.
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