Archive · 4 Oct 2025
Banker Warns: '0% Making Charge' on Gold Jewellery Is Misleading
Imagine you want to buy a gold necklace, and the shop says there are no extra charges for making it.
However, a banker named Sarthak says this might not be true!
Shops often use tricks to make more money.
They might sell gold at a higher price per gram than the actual market price, or charge extra for any gold that's 'wasted' during the making.
Sometimes, the little gems or decorations are also priced higher than they're worth.
Even when you sell the jewellery back, you might get less money.
Always check a special code called HUID on an app to make sure your gold is real!
Investment banker Sarthak Anuja warns consumers about misleading '0% making charge' offers.
Jewellers may inflate gold prices, adding a hidden charge.
Excessive 'wastage charges' are often applied to the gold's higher rate.
Stones and embellishments in the jewellery may be overpriced.
Buyback offers are often less favorable for items with '0% making charges'.
- Who
- Sarthak Anuja, an investment banker, warns consumers.
- What
- Jewellers use '0% making charge' to attract customers, but it often leads to higher costs.
- When
- Not specified.
- Where
- Not specified.
- Why
- To alert consumers about hidden charges and marketing tactics used by jewellers.
- Expert
- Investment banker Sarthak Anuja
- Main Concern
- Misleading marketing of '0% making charges' on gold jewellery
- Hidden Charge 1
- Inflated gold rates (₹200/gram more)
- Hidden Charge 2
- Excessive wastage charges
- Hidden Charge 3
- Overpriced stones and embellishments
- Hidden Charge 4
- Poor buyback terms
- Advice
- Check HUID on BIS Care app for authenticity and purity