Typical jewellery costs mainly depend on the making charges of the particular piece of jewellery and the price of gold as per the Karat value and weight of that piece. Many pieces of jewellery are thus expensive, owing to the quality of gold used to craft it. The jewellery costs also include GST charges calculated according to the ornament weight and expenses incurred while making.
Jewellery costs also determine the market demand for that particular ornament. Some antique and polki ornamental works involve highly complicated processes that necessitate skilled jewellery workers who have high labour wages. Thus such ornaments are labelled with increased price tags.
Jewellery costs are not a direct result of the quantity and quality of gold metal used to manufacture an ornament. The cost of a particular piece of jewellery is the overall cost spent on the creation of a finished piece of gold jewellery. The costs vary according to the stone or pearl embellishments used on the jewellery piece.
Jewellery costs also depend on the associational prices agreed upon amongst the jewellery retailers in a locality. The cost is calculated based on each gram of gold used to carve out an ornament. Usually, jewellery is considered as worthy of investing money in as a stable and profitable option.
In India, on the occasion of most festivals, people consider buying jewellery as a customarily good start for welcoming whatever prosperity stored in future.