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With Valentine’s Day around the corner, many well-known and local jewelers across India are offering exciting discounts on gold and diamond jewelry. One of the biggest attractions is the reduction in making charges, which makes it an excellent time to buy jewelry at a lower price.
But have you ever wondered how making charges on gold jewelry are calculated? Let’s break it down so you can make an informed purchase.
What Are Making Charges on Gold Jewelry?
When raw gold is transformed into beautiful jewelry, it involves labor costs, design efforts, and other expenses. These extra costs are known as making charges, and they are added to the total price of the jewelry.
Jewelers calculate making charges in two main ways:
Per Gram Making Charge
In this method, a fixed amount is charged per gram of gold.
Example:
If the making charge is ₹500 per gram, and you buy 10 grams of gold jewelry, the total making charge will be:
10 × ₹500 = ₹5,000
Percentage-Based Making Charge
Here, a fixed percentage of the total gold price is added as the making charge.
Example:
If you buy gold jewelry worth ₹7,00,000 and the making charge is 10%, then the extra amount you need to pay for making charges will be:
10% of ₹7,00,000 = ₹70,000
Valentine’s Day Offers: Huge Discounts on Making Charges!
This Valentine’s Day, jewelers are offering big discounts on making charges, ranging from 25% to 75%. This means you can buy your favorite jewelry at a much lower price. However, these offers are available for a limited time, so don’t miss the chance to grab your favorite pieces.
Top Brands Offering Valentine’s Day Discounts
Several popular jewelry brands have introduced special offers on making charges for gold, diamond, and platinum jewelry:
Kalyan Jewellers (Candere):
Up to 40% off on making charges for gold chains
Example: 18-carat Banana Gold Chain price reduced from ₹15,421 to ₹13,820
Tanishq (Tanishq Titan):
5% to 25% discount on gold, diamond, and platinum jewelry
Offers valid from January 14 to March 3, 2025
Extra discounts available on exchanging old gold for new jewelry
CaratLane:
Flat 20% discount on making charges
Joyalukkas:
18% off on gold and silver jewelry
Up to 50% off on diamond jewelry
Senco Gold:
15% to 75% discount on making charges
