Understanding the buying and selling of gold!steemCreated with Sketch.

in hive-130095 •  4 years ago  (edited)

20210514_164139.jpg

A gold towel weighs 11,664 grams
Similarly, 1 tola of gold has 12 handkerchiefs

If you sell gold made of 1 tola ornaments, then it is gold. Will deduct 3 mash

Note: The above mentioned bet will be named as one Rati Masha or 2 Rati Masha.

If you sold 1 tola of gold ornaments, 3 ornaments were taken from your ornaments in the name of deduction
The estimated cost of a mash is Rs. 9,000 nowadays
That is, by selling a towel of gold ornaments, Sanyare deducted 27,000 in the name of your deduction.

Now come to the other side, that is, if you make ornaments
A gold towel is 24 carats
Let me first explain to you what carat is called

Carat

Carat is the name given to the standard for measuring the purity of gold.
About 100 percent pure gold is 24 carats. The less carats there are, the more gold there is.
By the way, it is 99.99% pure.
12 carats means 50% blending and 18 carats means 75% pure and 25% blending.
Carats are also used to measure mass
Diamonds and precious stones are usually weighed in carats.

Now come to the point that when you make / buy gold
Goldsmiths usually make 15 or 18 carats of gold and no one in Pakistan has a machine to make more than 21 carats of gold except for a few big jewelers.
The 22 carat bus makes 2 jewelers in Karachi

If the goldsmith has made you an 18 carat ornament, he has mixed it with 25% gold.
Meaning if you have made a towel ornament, for example, if a towel is worth one lakh, then Sunyara is giving you 75000 gold and charging you one lakh rupees.

Similarly, if the goldsmith has made you 21 carat jewelry, it means that the jewelry is giving you 87500 while the price is putting you 1 lakh gold.

Simply put, they will give you just Rs 75,000 to Rs 87,500 by mixing a towel ornament and will charge Rs 100,000 for the whole towel.

The second bet is in the name of polishing them. One and a half handfuls will be applied separately. So much of our gold has been wasted while making ornaments. The price of a towel will be 9000 to 10000.
Remember that the groceries of the goldsmith's shop also sells for millions and they do not lose anything.

In the end, they are paid
At your very insistence, they will do you a great favor by giving you 2000 to 4000 wages and say that you have not given us anything to escape and this wages are just leaving you because our second or third generation is with you. Is related to

When selling gold, make a bundle of gold (even from a trusted servant. He does not make any concessions) meaning the mixture is removed and only 24 carats of pure gold is left.

Then sell this piece of pure 24 carat gold at the official rate of the day
Otherwise you will get a lot of lime

When making jewelry, first decide whether the gold will make 21 carats, 18 or 15 carats
Depending on how much pure gold he makes, pay 15, 18 or 21 carats, not 24 carats.

Threaten that I will check on the same machine now whether it is 15, 18 or 21 carats
And if you have the time or facility, get it checked on the machine to see how many carats you made and how many carats you paid.

Some of my friends may be angry with all these things but I had to tell them so that people would be educated
It also says that not all fingers are equal, there will be a few good business people, but I think their number may not be more than 1%.

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