Six factors to evaluate when exchanging old gold for new jewellery

Consumers exchanging old gold for new jewellery this Diwali should verify six key factors to ensure fair valuation. Sellers must insist on purity testing in their presence, differentiate between gross and net weight by excluding non-gold materials like stones, and compare offers against prevailing market rates.

Additional considerations include checking for melting deductions, making charges, and the jeweller's specific exchange policy. Utilizing the BIS Care app for hallmark verification or seeking independent testing at Assaying and Hallmarking Centres can help prevent financial losses. Proper documentation of weights and rates is essential before finalizing any exchange transaction.

Editor's note: The brief concisely covers all six points requested by the source and maintains a professional, informational tone.