Gold Wastage Percentage in Chennai: In Chennai, as in other parts of India, the wastage percentage for gold is an important factor that affects the final cost of gold jewelry. Wastage refers to the additional cost added to account for the material lost during the crafting process of gold ornaments. This percentage varies depending on the complexity of the design, the craftsmanship involved, and the jeweler’s policies.
Typically, the wastage percentage in Chennai ranges from 3% to 25% or even higher for intricate and customized designs.
For example, simple designs might have a lower wastage percentage (around 3%-8%), while intricate, handcrafted, or antique designs might have higher wastage (15%-25% or more). Some jewelers also charge a fixed making charge instead of wastage percentage for certain types of jewelry.
It’s essential for buyers to carefully understand and compare wastage charges when purchasing gold jewelry. Many jewelers now display wastage charges clearly or offer discounts during promotions.
Buyers should also inquire about the purity of gold (measured in carats) and ensure that the jewelry is hallmarked, as this guarantees the quality and authenticity of the gold. Transparent communication about wastage charges and making charges can help buyers make informed decisions and get the best value for their money.