Gold is one of the most traded commodities in the whole world. Gold is determined by its value and fitness. It is measured in troy ounces. Since it is a traded commodity, Gold can be bought in various markets in the world and the gold price is determined by the supply and demand of the gold regardless of where the gold is mined.
- What is Indian Gold?
- What carat is Indian gold
- why is Indian gold so yellow
- Is Indian gold good quality?
- How to tell if Indian gold is real
- Conclusion
What is Indian Gold?
Indian gold is the gold that is produced in India. The common term of gold as Indian gold is used by most gold buyers to indicate the gold’s higher purity than foreign country’s gold.
India may not be the world’s largest gold producer, but from the time of ancient India is practising producing gold in their old traditional method. Government initiate a few steps to increase the use of gold.
In India, gold is part of Indian culture and is usually used in making Indian jewellery. Indian gold is higher in purity when compared with the other nations in the world.
What carat is Indian gold
Generally, standard gold is measured in carats with a higher purity of 24 carats. The lower the carat lower will be the value of gold as it is an alloy of other metals mixed with gold.
18-carat gold is a mixer of gold with other gold metals. A gold buyer will consider the price of the gold based on the weight and purity of the gold.
Carat is the standard unit in which gold is measured all over the world.
But gold can be measured in different units in other geographical regions of the world but the standard unit to measure gold is set to Carat.
Why is Indian gold so yellow
The colour of the gold is usually determined by the type of metal present in the alloy while making the jewellery. Is adding some alloys required to make the gold more durable?
Most Indian gold jewellers mix some metals like copper and silver in the gold alloy which might be the reason for the colour of the yellowish Indian gold. It is difficult to say the exact colour of Indian gold as the composition of the alloy might be different
Is Indian gold good quality?
Yes, Indian gold quality is good compared with the other foreign nations since most of the gold that is held by Indian women is 22k while the other countries like Bangladesh, and Pakistan.
Bureau of Indian Standards (BIS) provides the hallmark for each gold purchased for 9k to 24k gold.
So it is essential to check the hallmark to know the standard purity of the gold while you purchase the gold from any gold buyer.
How to tell if Indian gold is real
Gold Testing Kit
You can use a golden testing kit in order to determine the purity of the gold.
Hallmark
BIS provide a hallmark to each and every piece of Indian jewellery in India so you can check if the purity is marked on it.
Visit a jeweller
You can visit a trusted gold jeweller in your area and ask for help finding the purity of the gold.
Conclusion
Indian gold is considered the purest of all other gold since the average carat is 22k. The gold purity in the other countries is 9k which is considered low. In India, jewellers like HemaJewellers are considered trusted gold buyers, so you can get help selling the gold.