Dhanteras Gold Buying Checklist: 7 Things to Check Before You Pay

Every Dhanteras, Indians visit jewellery stores to buy gold, whether it's a simple chain, a gold coin or an elaborate necklace. For generations, this tradition has been closely linked to wealth, prosperity and the blessings of Goddess Lakshmi.
 

This year, Dhanteras falls on Friday, November 6, 2026. 
 

And with 24-carat gold prices approaching ₹1.5 lakh per 10 grams, even a small jewellery purchase can be quite expensive. 
 

That's why it's important to look beyond the design and price tag. From checking gold purity to understanding making charges and resale policies, here are seven things worth checking before you make your purchase.

1. Check today's gold price

Gold prices can change during the day, and different jewellers may quote different rates. Before visiting a store, check the latest gold prices on ibjarates.com, the official rate website of the India Bullion and Jewellers Association (IBJA).
 

This gives you a reference point to compare the jeweller's quoted price. Make sure you compare rates for the same gold purity.
 

2. Ask for the complete price breakdown
 

The cost of jewellery includes more than just the price of gold.
 

Jewellers also charge for making the jewellery, and some may add wastage charges. GST of 3% applies to the total jewellery transaction value, including making charges.

Always ask for a detailed bill showing the gold price, making charges, any additional fees and GST. 
This will help you understand the final amount before paying.
 

3. Look for the BIS hallmark
 

A BIS hallmark confirms that your jewellery has been tested and certified for gold purity.
Check for three markings on the jewellery: the BIS logo, the purity mark, such as 22K916 for 22 karat gold, and a six-character HUID code.
 

These markings help you check whether the jewellery meets the stated purity standard.
 

4. Verify the HUID number
 

Don't rely only on the hallmark printed on the jewellery.
 

Download the BIS Care app and select the "Verify HUID" option. Enter the six-character code engraved on your jewellery.
 

The app will show details such as the jewellery's purity, article description and jeweller information.
 

Make sure these details match the item you're buying.
 

5. Check the actual gold weight
 

A necklace weighing 30 grams may not contain 30 grams of gold.
 

If it has stones, beads or other decorations, their weight may also be included in the total.
 

Ask the jeweller to show the net gold weight separately, excluding these additions. Also, have the jewellery weighed in front of you and check that the invoice records the correct weight.
 

6. Ask about resale and exchange rules
 

You may want to sell or exchange your jewellery in the future, so it's important to understand the jeweller's policy.
 

Ask how much they deduct during buyback, whether they charge for testing or melting, and whether they accept jewellery purchased elsewhere.
 

Remember, making charges and GST are generally not recovered when you sell gold jewellery.
 

7. Consider jewellery insurance
 

Gold jewellery is expensive, so protecting it against theft or other unexpected losses is worth considering.
 

Check whether your home insurance covers gold jewellery or whether you need a separate jewellery insurance policy.
 

Before purchasing insurance, understand the coverage amount, exclusions and claim conditions. Keep your purchase invoice safely, as it may be needed when making a claim.

Buying gold on Dhanteras is a cherished tradition, but high prices make it important to pay attention to the smaller details.
 

Checking the latest gold rate, understanding the final bill, verifying purity and knowing the resale conditions can save you from unnecessary expenses.
 

A few minutes of checking today can help you make a more confident purchase and protect the value of your gold for years to come.