Today Gold Price/Rate in Kohima

Things to Remember Before Buying Gold in Kohima

Listed below are the factors to be considered while buying gold in Kohima:

• Gold Price: The price of gold keeps fluctuating daily, and it varies in every city due to the jewellery associations of that city. These associations declare the gold rate every morning, so check the local news source before buying gold.
• Invoice: Make sure you buy gold with an invoice to compare the buying price with the selling price to understand the profit or loss of that transaction. It also helps to address disputes, if any, that may arise while selling that gold.
• Weight of Gold: Check the weight of gold before buying. If you're buying studded gold jewellery, make sure the weight of the piece is studded and is added separately to the bill so that the value of the gold is clear in case you wish to exchange/sell it.
• Purity of Gold: The purity of gold is determined by karat. 24-karat gold is the purest, but it's too soft for making jewellery. Gold jewellery is made of 22-karat gold or less. The price of gold varies for different karats.
• Hallmarked Gold: Hallmarked gold is the ultimate assurance of its purity. Hallmarked gold jewellery is branded with a fineness number to determine its purity.
  • For 22KT: 22K916
  • For 18KT: 18K750
  • For 14KT: 14K585
• Check Making Charges and Schemes by Jewellers: Making charges may differ for different jewellers. They are quoted either as a percentage of gold value or as making a charge per gram of gold. Intricate designs or man-made jewellery usually have high making charges. Jewellers also offer instalment schemes under which you can pay the cost of gold in easy instalments.