For instance, palladium is added as an alloy in the case of white gold and an increased concentration of copper is used in the case of rose gold. Sinha adds that the constitution and ratio of the alloys used determines the colour of the gold. If you are buying diamond jewellery, then 18KT gold is used. Alloys such as zinc, copper, cadmium or silver are added to the gold to make it stronger and more durable. The most popular form of gold available in jewellery is of 22KT which contains 91.6% gold. Carat is a measure of the weight of diamond".Ģ4KT gold is the purest form of gold but it is too soft to be used for making jewellery. Sinha adds, "One should not confuse this with the word carat. Gold jewellery is available in different Karats (KT). The cost of diamonds and gemstones should be added separately. Thus, while buying one should know that the value of gold in the piece has to be calculated based on the entire weight of the jewellery minus weight of diamonds and gemstones. When a customer purchases a studded jewellery piece, the stone value is also added into the bill," Kulhalli explains. "The billing procedure differs for a studded product. In case you wish to exchange/sell it back, he would normally deduct the stone weight and impurity from the total value, says Sinha. Some unscrupulous jewellers weigh the entire piece and charge for it at the price of gold. Here are a few things you should be aware of while buying gold to avoid being tricked.Īt times, we buy jewellery that has stones affixed to it. Total price of gold jewellery = Rs 28,881.60 (price of 9.60 grams gold chain plus making charges).Add making charges, suppose 10 per cent, which comes to Rs 2,625.60 (10% of Rs 26,256).Price of 1 gram of gold = Rs 27,350 divided by 10 = Rs.Now, if you wish to purchase a gold chain of 9.6 grams, then price will be calculated as: Suppose the price of gold listed by the jeweller is Rs. The below example can help you understand this better. Every city has its own jewellery association and the gold rate is declared by these associations every morning due to which the gold rate varies in each town.Ītul Sinha, senior vice president, marketing, Caratlane decodes how prices are calculated by jewellery shops:įinal price of the jewellery = Price of (22 KT or 18 KT) gold X (Weight in grams) + Making charges + GST at 3% on (Price of jewellery + making charges) Sandeep Kulhalli, senior vice president - retail and marketing, jewellery division, Titan Company explains, "There is no standard invoicing pattern in the country and the billing system varies from one jeweller to the next. You should not blindly trust the price quoted by the jeweller as there are many factors that affect the final amount that you will be paying such as gold price, making charges, value of gems etc.Īt present, there is not standard invoicing pattern in the country and prices vary from jeweller to jeweller. Although we spend hours at the local jeweller selecting what we want, we usually don't question the price quoted. especially around Akshaya Tritya, Dhanteras and Diwali. ![]() Indians have a tradition of buying gold in the form of jewellery, coins etc. P2P Data Center Fuel Rates Diesel Rates Petrol Rates Bank Pan Number Bank holidays Penny Stocks MF Ratings & NAV Top Performing Schemes Top Star Rated Schemes Top Tax Saving Schemes Highest Risk Adjusted Return New Fund Offers Forthcoming Dividends NPS Top Performing NPS Scheme Most Consistent NPS schemes ETF Perfomance Latest Prices Listed Bonds Traded in Cash Market ULIPs ULIP Schemes Calculators Recurring Deposit Calculator Fixed Deposit Calculator LTCG Tax Calculator Income Tax Calculator Rent Receipt Generator SIP Calculator IFSC Bank Code NPS Calculator Invoice Generator EPF Calculator House Property Income HRA Calculator Sukanya Samriddhi Calculator Education Loan Calculator Car Loan Calculator Home Loan Calculator Personal Loan Calculator Risk Tolerance Calculator Financial Fitness Calculator Buy Online Health Insurance Car Insurance 2 Wheeler Insurance Interest Rates Recurring Deposit Rates Fixed Deposit Rates Bank Fixed Deposits Rates Post Office Schemes Rates MCLR Loan EMI Participate & Win Stocks & Shares ET Wealth ET Wealth Editions Buy Wealth Magazine ET Wealth Newsletter
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Figures are small and the details are not very specific. Unfortunately, the directions leave much to be desired, and the boxed components do not correspond to the lettering in the book. Additionally, they are reasonably quiet - another plus for home use. Though at first they appeared to be undersized, the fans performed quite well. Dual fans are used by the unit, which places this table above most consumer grade versions. I was impressed that plywood was used for the base, and this was well braced by fiberboard. The table is assembled in the upside down position and it is here that the purchaser can first see the construction. All of the components were individually boxed and affixed to the underside of the table. Once the box was in the house and laid flat, it opened easily. A full size pick-up or van is needed, as well as several strong adults for assistance, as the table weighs in at nearly 300 pounds. Forget about transporting this beast home in your car or small SUV. Currently, Costco is offering a manufacturer's rebate, so the cost is approximately $289. We purchased the Rhino Air Hockey Table from Costco in October 2005. The fit/finish was great.Īll that is left to do is to level the table, and this was easy with the legs on this table.Īction was fast and precise. Unfortunately, the scoreboard is not working, I have called the 1-800 number and they quickly said they will send a new one, whcih I though was great service, it's been 3 weeks and no scoreboard has arrived yer.ĭirections are not very good for assembly, no pilot holes.Īssembly was tough taking 2 hours with 3 of us. I was impressed with the constructionDual fans are used by the unit, which places this table above most. All of the components were individually boxed Once home the box was in the house and laid flat, it opened easily. 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