Gold remains a cherished asset in India, with people seizing every opportunity to buy it, especially during festivals. Buyers are flocking to jewelry shops for occasions across the nation. However, gold prices have shown an upward trend recently. This Trend was driven by geopolitical tensions in the Middle East and uncertainties surrounding the upcoming U.S. elections.
Key Dates, Puja Timings, And Shubh Muhurat For Lakshmi And Dhanteras Puja
This year, Diwali will be celebrated on October 31. The auspicious Lakshmi Puja Muhurat will be held between 6:10 PM and 8:41 PM. It will be prime time for families to invite prosperity and good fortune into their homes.
Dhanteras 2024: Marking the start of the Diwali festivities, Dhanteras will begin on October 29, 2024, at 12:01 AM and conclude on October 30, 2024, at 2:45 AM. The Muhurat that falls on October 29 from 7:27 PM to 9:16 PM, will be considered an ideal time. It will be best to perform rituals and make auspicious purchases.
also read: Diwali 2024: Gold Prices Soar As Festive Season Shopping Begins! What To Expect?
Essential Checks for Assessing Gold Quality And Its Purity Before Buying It On Dhanteras
As festival season approaches, many buyers are keen to purchase gold. Meanwhile, it’s essential to be cautious to ensure its authenticity and value. When buying gold, confirming the jewelry’s or coins’ quality and purity is crucial, especially during this high-demand period. Verifying certification marks and understanding purity levels are recommended for a secure purchase. It is crucial for buyers looking to make a safe investment.
Here are key factors to verify when purchasing gold, These steps can help buyers make informed choices.
- Skin Test for Gold Purity: Hold the jewelry in your hands for a few minutes to check gold purity. Genuine gold should not react with sweat or discolor your skin. If the piece is fake, it may leave a green, blue, or black mark where it contacts the skin.
- Stamp Test for Verifying Gold Authenticity: Always check the hallmark stamp on your gold piece, which is often engraved inside jewelry like rings. Look for karat marks (e.g., 10k, 14k, 18k, 22k, 24k) or purity numbers like 333, 375, 750, 916, etc., which indicate gold quality. Avoid items stamped with 800, 925, or 950, as these signify silver, not gold.
- Float Test: Drop the gold item in water; real gold will sink, while fake pieces may float or hover near the surface.
- Ceramic Scratch Test: Rub the gold on an unglazed ceramic surface; real gold will leave a gold mark, while fake gold will leave a black mark.
- Magnet Test: Gold is not magnetic, so if a piece attracts a magnet, it’s likely fake. Note that this test isn’t foolproof, as some metals may also be non-magnetic.
- Acid Test for Gold Purity: Apply a few drops of vinegar to the piece to check gold authenticity. Genuine gold will show no reaction, while fake gold may turn black.
While celebrating, stay vigilant about what you’re bringing home in the name of tradition.
