Gold has a special significance in all Indian households. From the far North to the far South, from the far East to the far West, almost every auspicious occasion is celebrated with gifting or exchanging of gold. In addition, gold is considered a relatively stable investment by millions all over the world. Thus, almost every Indian household has some amount of gold as an asset or as family heirlooms with sentimental value.

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The word "gold" brings to mind luxury, beauty, and timeless appeal. But gold is found in different forms, each defined by its karat value. A gold karat simply shows how pure the gold is in a piece of jewellery or investment.