1) Find out the 22k gold rate from different sources as there is variation in most of the shops.
2) You can check the rates at http://www.indiagoldrate.com/
3) Hallmarked Gold carries 916 stamp for 22k gold.
4) 1% VAT and Rs70 for Hallmark stamp is charged.
5) Calculate making charges on per gram basis. Ranges from Rs150 to Rs650/-
6) Making charges are inclusive of wastage and polish.
7) Please confirm if there is 100% resale value while going back to same shop. Making charges are always deducted.
Gold Rate Calculation
Consider 24k gold as 100% pure.
http://www.wikihow.com/Calculate-the-Value-of-Scrap-Gold
2) You can check the rates at http://www.indiagoldrate.com/
3) Hallmarked Gold carries 916 stamp for 22k gold.
4) 1% VAT and Rs70 for Hallmark stamp is charged.
5) Calculate making charges on per gram basis. Ranges from Rs150 to Rs650/-
6) Making charges are inclusive of wastage and polish.
7) Please confirm if there is 100% resale value while going back to same shop. Making charges are always deducted.
Gold Rate Calculation
Consider 24k gold as 100% pure.
http://www.wikihow.com/Calculate-the-Value-of-Scrap-Gold
