1 Gram Gold-plated Jewellery

Check today’s 1 gram gold-plated jewellery. Get the latest 22 carat and 24 carat gold prices in India along with the last 10 days' gold prices from Bajaj Finance.
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1 Gram Gold-plated Jewellery
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2 mins
15 April 2024

This guide navigates the intersection of 1 gram gold-plated jewellery and gold loans, offering insights into purity verification methods, market dynamics, and the impact of GST. By understanding the relationship between these elements, individuals can make informed decisions to meet their financial needs while indulging in the elegance of 1 gram gold plated jewellery.

24 Karat Gold Plated Jewellery

24 karat gold purity jewellery exudes luxury and elegance, offering the allure of pure gold at a more affordable price. Crafted with meticulous attention to detail, these pieces showcase intricate designs and superior craftsmanship. With the convenience of online shopping, individuals can explore a wide range of 24 karat gold-plated jewellery options from the comfort of their homes.

22 Karat Gold Plated Jewellery

22 karat gold-plated jewellery balances durability and aesthetics, making it a popular choice for everyday wear. Known for its rich colour and lasting shine, purity of 22 karat gold-plated jewellery adds a touch of sophistication to any ensemble. Explore an array of 22 karat gold-plated jewellery designs online, offering both timeless classics and contemporary styles.

Factors that affect gold-plated jewellery

Factors influencing gold-plated jewellery:

  • Market trends: Fluctuations in consumer demand and fashion preferences impact the popularity and pricing of gold-plated jewellery.
  • Raw material costs: Variations in the prices of base metals and gold plating materials affect the overall production costs and, consequently, the retail prices of gold-plated jewellery.
  • Manufacturing techniques: Innovations in manufacturing processes, such as electroplating or vacuum deposition, can influence the quality and durability of gold plating, thereby affecting its market value.
  • Consumer preferences: Changing tastes and trends among consumers drive the demand for specific styles and designs of gold-plated jewellery, impacting its market demand and pricing.
  • Brand reputation: The reputation and credibility of the brand or manufacturer influence consumer trust and willingness to pay premium prices for gold-plated jewellery.
  • Seasonal demand: Occasions such as weddings, festivals, or cultural celebrations often see a surge in demand for gold-plated jewellery, leading to fluctuations in pricing based on seasonal trends.

Techniques to check the purity of gold plated jewellery


Here are a few common ways for checking gold purity:

  • Acid tests: Using acid solutions to observe the reaction of gold plating, revealing its purity level.
  • Electronic testers: Utilising electrical conductivity to assess the purity of the gold plating quickly and accurately.
  • Hallmark certifications: Relying on official hallmark certifications from recognised authorities to authenticate the purity of the gold plating.
  • Visual inspection: Conducting a visual examination to check for signs of wear, discolouration, or fading, indicating the quality and durability of the gold plating.
  • Magnet test: Assessing the magnetic properties of the jewellery to distinguish between solid gold and gold-plated items.
  • Scratch test: Scratching the surface of the jewellery and observing the underlying metal to determine if it is gold-plated or not.

The impact of GST on gold plated jewellery

The Goods and Services Tax (GST) affects the prices of gold-plated jewellery by adding a tax component to the final purchase price. Understanding GST implications is crucial for buyers and sellers to accurately calculate the total cost of gold-plated jewellery transactions. Stay informed about GST regulations and their impact on gold-plated jewellery prices to make informed purchasing decisions.

Things to consider before buying gold plated jewellery

Considerations before purchasing 1 gram gold plated jewellery online:

  • Quality assurance: Ensure the credibility and reputation of the online seller or retailer, and verify their certification and authentication processes for gold-plated jewellery.
  • Material composition: Confirm the base metal used for the jewellery and the thickness of the gold plating, as these factors determine the durability and longevity of the gold plating.
  • Design and aesthetics: Explore a wide range of designs and styles available online to find the perfect piece of 1 gram gold-plated jewellery that matches your preferences and complements your wardrobe.
  • Price transparency: Look for transparent pricing policies and detailed product descriptions, including information about the gold plating process and any additional charges such as shipping fees or taxes.
  • Customer reviews: Read reviews and testimonials from previous customers to gauge the quality of the products and the overall shopping experience offered by the online retailer.
  • Return policy: Familiarise yourself with the online retailer's return and exchange policies, ensuring you have the option to return or exchange the jewellery if it does not meet your expectations.
  • Secure payment options: Use secure payment methods and ensure the website has encryption and security measures in place to protect your personal and financial information during online transactions.

Impact of gold-plated jewellery rates on gold loans

Fluctuations in gold-plated jewellery rates can indirectly impact gold loans. As the value of gold jewellery serves as collateral for loan against gold, changes in gold-plated jewellery rates may influence loan amounts and interest rates. Borrowers should stay updated on gold-plated jewellery rates to make informed decisions regarding gold loan transactions. With Bajaj Finserv Gold Loan, you can get a loan starting from Rs. 5,000 to Rs. 2 crore with today gold loan interest rate starting at just 9.50% p.a.

Benefits of buying 1 gram gold plated jewellery online

Buying 1 gram gold plated jewellery online offers several benefits. Firstly, it is cost-effective, allowing you to enjoy the appearance of gold without the high price. Shopping for 1gm gold plated jewellery online provides a wide variety of designs and styles, often not available in physical stores. Convenience is another key advantage, as you can browse and purchase from the comfort of your home. Many online retailers offer detailed product descriptions, customer reviews, and return policies, ensuring a satisfying shopping experience. Additionally, regular discounts and offers are often available online, making it easier to find beautiful jewellery at an affordable price.

Conclusion

In conclusion, purchasing 1 gram gold plated jewellery online offers a blend of affordability and elegance, catering to diverse tastes and preferences. However, it's essential to consider several factors before making a decision to ensure a satisfactory purchase. As you explore the world of 1 gram gold plated jewellery, remember the synergy between these adornments and gold loans. Just as gold loans provide a financial lifeline during times of need, making informed decisions about your jewellery purchases can enhance your overall financial well-being. By understanding purity verification techniques, market dynamics, and the impact of GST on gold plated jewellery, individuals can maximise the value of their investments while leveraging their gold assets through gold loans when necessary.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Is gold plated still real gold?

Gold plated jewellery features a thin layer of gold applied to a base metal. While it contains real gold, the amount is minimal compared to solid gold jewellery.

What is gold plated?

Gold plated jewellery refers to pieces made from a base metal coated with a thin layer of gold through electroplating or other techniques, offering an affordable alternative to solid gold jewellery.

How long does gold plating last?

The durability of gold plating depends on factors such as the thickness of the gold layer, the quality of the base metal, and how the jewellery is worn and cared for. With proper maintenance, gold plating can last for months to years before showing signs of wear.

Is it good to buy gold plated?

Gold plated jewellery provides an attractive option for those seeking the look of gold at a lower cost. It's suitable for occasional wear and fashion accessories but may not withstand daily wear and tear as well as solid gold jewellery.

Is 1 gram of gold real? 

Yes, 1 gram of gold is real gold, though it is a small quantity. It can be used for investment or to create lightweight jewellery. The purity of the gold depends on its carat rating, such as 24 carat being pure gold. However, gold-plated items only have a thin layer of real gold over another metal, not solid gold.

How much does gold plated jewellery cost? 

Gold plated jewellery is significantly less expensive than solid gold jewellery. The cost varies based on the base metal used, the thickness of the gold plating, and the craftsmanship. On average, gold plated jewellery can range from a few pounds to several hundred pounds, making it an affordable option for those seeking the look of gold without the high price.

Does gold plated jewellery have resale value? 

Gold plated jewellery generally has low resale value because it contains only a thin layer of gold over a base metal. The value is primarily based on the aesthetic appeal and craftsmanship rather than the gold content. Unlike solid gold jewellery, gold plated pieces do not retain significant intrinsic value and are not typically sought after by buyers for their gold content.

What can be made from 1 gm gold plated?

From 1 gram of gold plated, you can create various lightweight and stylish jewellery pieces, such as rings, earrings, pendants, and small bracelets. Gold plated items are often designed for fashion rather than intrinsic value, allowing for intricate and trendy designs at a lower cost. These pieces can enhance your jewellery collection without the expense of solid gold.

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