Cheating in Gold sales

jade03
By jade03

The price of gold has come down to the lowest in 3 yrs. But when one ends buying it, its nothing but same as the traders have hiked the making charges. I purchased gold on 17 may 2013 when the 22ct price was Qr. 159 per gram and making charges were added Qr. 11 per gram i.e, Qr. 170 per gram. Now as per yesterday the 22ct price was Qr. 139.5 but the traders ware charging Qr. 30 per gram and keeping the same price.
Is not this violation and can this be made as a complaint with government authorities ?

By rac004• 30 Jun 2013 09:58
rac004

MC is mentioned separately in Sky' bills from where I purchased.

By lovginkurian• 30 Jun 2013 08:33
lovginkurian

did they mention about making charge in your bill?? I asked the same to a gold jeweler in LULU mall, he said it is normally they make bills without showing making charge. so if you go for a legal complaint, I think they can escape easily.

By haq87• 29 Jun 2013 12:11
haq87

They are left with no option then to sell gold with hiked making charges.

Physical Gold is not available in the international market.

By vcnp• 29 Jun 2013 11:27
vcnp

it depends on the design if it is handmade the making charge is high and also from baharain sudan etc. the making charge is high. If it is machine cut the price low. It is better you ask before purchasing the readymade ornaments.

By Bernadi• 29 Jun 2013 11:19
Bernadi

They know the customers are the King and a King has the money.

By alex brod• 29 Jun 2013 10:20
alex brod

Golds makes life slower to move , since you will think the pleasure of wearing it...

By alex brod• 29 Jun 2013 10:20
alex brod

Golds makes life slower to move , since you will think the pleasure of wearing it...

By JonSnow• 29 Jun 2013 10:14
JonSnow

Apart from the design, machine-made jewelries usually has cheaper making cost than man-made ones. Just check out a few designs from the simple to the complex ones, if he keeps the making cost same then he is probably trying to rip you off.

By rac004• 29 Jun 2013 09:47
rac004

I purchased from Sky Jewellery when the rate was 148/gram and they charged me Making Charge approx. @ 3.5% only (be aware that MC depend on works/design) So not everyone is over-charging on MC.

By Molten Metal• 29 Jun 2013 09:38
Molten Metal

Good , you have focus on important issues ..

By aaghash• 29 Jun 2013 09:31
aaghash

From which shop you purchased?

By 2 personal• 29 Jun 2013 09:20
2 personal

Better to complain about Salaries to rise than to complain about Gold.

By Humbles• 29 Jun 2013 08:59
Humbles

is right.

By Humbles• 29 Jun 2013 08:57
Humbles

Your point is valid.

By Rip Cord• 29 Jun 2013 08:57
Rip Cord

When did they buy the gold? Do you think they buy it direct from the market one minute before you enter their shop? I hope you do not have a job as you are not the smartest person I've had the displeasure of reading their comments

By Molten Metal• 29 Jun 2013 08:53
Molten Metal

Salaries of the craftsmen/women may have gone up from 1st June.

So you will complain against salary rise of our fellow humans ?

By flexicode• 29 Jun 2013 08:53
flexicode

There is an old saying, "Goldsmiths are not loyal to even their fathers".

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