By Sneha Kulkarni

Copyright indiatimes

With major festivals like Dhanteras, Dussehra and Diwali approaching, many gold buyers would love to buy the yellow metal even though its prices have risen significantly in the recent past. Traditionally, during the festive season, the gold industry sees a surge in the yellow metal’s demand in the form of jewellery, gifts, and investment. As the festive season approaches, the demand for gold can increase further.Income Tax GuideIncome Tax Slabs FY 2025-26Income Tax Calculator 2025New Income Tax Bill 2025Individuals who are planning to buy gold should make sure that they purchase hallmarked jewellery. Buying non-hallmarked jewellery can be risky, as the purity may be lower than what is claimed, leading to monetary losses during resale or exchange.183% return on SGBs: RBI announces premature redemption price and date for this sovereign gold bond series; check detailsLet’s examine the prices of 22-karat gold of a few famous jewellery brands in India as of September 20, 2025 (03.00 pm IST). Please note that these rates do not include GST and making charges, and may vary from city to city. TanishqTanishq’s price for 22K gold jewellery as of September 20, 2025, is Rs 10,320 per gram.Malabar Gold & DiamondsMalabar Gold & Diamonds’ price for 22K gold jewellery is Rs 10,280 per gram, as of September 20, 2025. JoyalukkasAs of today (September 20, 2025), Joyalukkas’ price for 22K gold jewellery at retail and online stores in Mumbai, Bengaluru, Delhi and Ahmedabad is Rs 10,280 per gram.Kalyan JewellersAs of September 20, 2025, Kalyan Jewellers’ price for 22K gold jewellery is Rs 10,280 per gram in Mumbai, Bengaluru, Delhi and Ahmedabad.What is the method for calculating the gold jewellery price?Here is the formula jewellers use to calculate the gold jewellery price:Final price of gold jewellery = {Price of gold X (weight in gram)} + making charges + GST at 3% + hallmarking charges.Important FAQsCan people sell their old jewellery to jewelers after Hallmarking becomes mandatory?Yes, consumers can sell old un-hallmarked/hallmarked jewellery lying with them to jewellers. What is the provision of compensation to the consumer for any shortfall in the purity of hallmarked articles?As per Section 49 of BIS Rules, 2018, in case of precious metal article not conforming to the relevant standards, such compensation to the buyer/customer shall be two times the amount of difference calculated on the basis of shortage of purity for the weight of such article sold and the testing charges.Will the hallmark be valid for the entire lifetime of the hallmarked jewellery?Yes, the hallmark will be valid for the entire lifetime of the hallmarked jewellery.How can a customer identify the jeweller’s name from the HUID?A customer can verify the HUID number in the BIS Care App using the ‘Verify HUID’ feature and get the information related to the jeweller’s registration number. How much does it cost to get a gold/silver article hallmarked?The Bureau of Indian Standards (BIS) has prescribed hallmarking charges for gold and silver articles. For gold jewellery or articles, the hallmarking fee is Rs 45 per article, with a minimum charge of Rs 200 per consignment, excluding service tax and other applicable levies. For silver articles, the fee is Rs 35 per article, with a minimum charge of Rs 150 per consignment, also excluding service tax and other levies. These charges are mandatory and properly tested for certified hallmarked jewellery.