
MoCI shares advise for buying and selling gold
The Peninsula
Doha, Qatar: To enhance consumer awareness and help consumers make better choices when shopping for gold and jewellery Ministry of Commerce and Indust...
Doha, Qatar: To enhance consumer awareness and help consumers make better choices when shopping for gold and jewellery Ministry of Commerce and Industry (MoCI) shared guidelines, yesterday.
In a post on its X platform the Ministry raised awareness among people stating that when buying gold make sure the piece is weighed using an accurate scale, gold carat is labeled on the piece and get a detailed invoice.
Customers should ensure to buy jewellery which is inside the box before leaving the store, know about guarantee and store policy, it added.
The post further stated after receiving the invoice ensure the date of purchase, name of buyer, gold carat, full description of the piece purchased, name of the merchant and their commercial information, guarantee and total price are on the invoice.
The Ministry advised when selling gold ensure to know the precise weight of the piece you wish to sell and know the daily rate of buying gold.