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💍 Understand How Jeweller Calculate Gold Prices 😇

🔸Gold jewelry pricing is crucial as gold prices hit new highs.

👑Jewellers calculate the final price using the formula:

🔸(Price of gold per gram × weight) + making charges + GST (3%) + hallmarking fees.

🔸Prices vary based on the purity (24KT, 22KT, etc.), with higher karat values being more expensive.

🔸Making charges also differ, ranging from 5% to 25%.

🔸When buying gold, ensure the bill separates costs for any diamonds or gemstones, and check for BIS hallmarking for purity.

🔸Also, understand the jeweller’s exchange policies before purchasing.

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