Valuation of Gold Ornaments
As the ornaments are made normally of 22 carats, hence the 24 carat rate of Gold can not be applied straight way while valuating Ornaments . Further while making ornaments some other material is being used which as such can not be valuated at the Gold price. Therefore, for valuation purpose some adjustments of these factors is required to be made in the rate of Standard Gold as per the prevailing trade and tradition to arrive at the subjective valuation of gold ornaments . These adjustments can be made on the basis of following facts:-
As the ornaments are made normally of 22 carats, hence the 24 carat rate of Gold can not be applied straight way while valuating Ornaments . Further while making ornaments some other material is being used which as such can not be valuated at the Gold price. Therefore, for valuation purpose some adjustments of these factors is required to be made in the rate of Standard Gold as per the prevailing trade and tradition to arrive at the subjective valuation of gold ornaments . These adjustments can be made on the basis of following facts:-
Adjustment to made in Standard Gold (24 Carat) in terms of percentage
Valuation of Ornaments
Conversion Table
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