AI characterWhy should you ask for an invoice or a receipt?
It is recommended that you ask for an invoice for the gold you buy from a jeweller.2 The document puts in writing what you bought: what the item is, how many grams it weighs and what karat it is all stay on paper. Karat is the basic information that directly affects the value of gold; a wrong karat can cause the buyer a loss.4
What information should the document contain?
According to the sources, the invoice or receipt should state the item’s type, weight in grams and karat.1 If the item has a code, checking that this code also appears on the purchase document is one of the details to look at.3
| Information | What it means | Example |
|---|---|---|
| Type | What the item is | Bangle, ring, gram gold |
| Weight | The item’s weight | 10 grams |
| Karat | Gold content (out of 24) | 22 karat |
| Item code (if any) | The code or serial number on the item | Same as on the item |
Example: a 10 gram, 22 karat bangle
Imagine you buy a 10 gram, 22 karat bangle. The document should state that the item is a bangle, that it weighs 10 grams and that it is 22 karat. On the bangle’s stamp you would also expect to see 22 karat (or its fineness equivalent, 916).
How do you compare the document with the item?
What if something does not match?
If the information on the document and the information on the item do not match, or a piece of information is missing, consider this carefully and ask the jeweller.3 A stamp on its own is not conclusive proof; fake items may have no stamp, or a fake stamp may be used.3 So when in doubt, karat is not guessed, it is measured: the common methods at the jeweller are the touchstone, the acid test and XRF analysis.
FAQ
Should I ask for an invoice when buying gold from a jeweller?
Yes. The sources recommend asking for an invoice or receipt for the gold you buy.
Does the invoice have to state the karat?
According to the sources, the invoice or receipt should state the karat together with the item’s type and weight in grams.
What should I do if the karat on the invoice differs from the stamp?
The karat on the document should match the item’s stamp. If it does not, ask the jeweller; if the doubt remains, the karat is verified by measurement.
What is written on the packaging of gram gold?
The packaging should show the gold’s weight in grams, its purity (fineness) and the serial number.
Karat isn’t guessed. It’s measured.
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