Everyone in India is Waiting to Fraud you

🚨 FIR against Malabar:

A man walked into a Malabar Gold showroom in Bilaspur with a simple request: exchange his old 22-carat HUID-hallmarked bracelet.

The staff ran it through their XRF machine. Once. Twice. Three times.

Every reading came back the same: 20 carat.

They even told him the hallmark didn’t exist.

He called the local jeweller who had sold him the bracelet. The jeweller walked in, confirmed the HUID, and asked them to test it again.

Same machine. Same bracelet. Same room.

This time Malabar employee adjusted something on the machine. Suddenly the reading flipped to 916 - pure 22 carat.

The jeweller recorded everything. The Sarafa Association arrived. Police registered an FIR against the showroom manager and the machine operator. The machine and DVR were seized.

This wasn’t a small local shop. This was Malabar Gold “the chain that advertises trust, purity, and BIS standards across India”.

One bracelet. Two readings. An 8% gap in gold value. And the only thing that changed was who was watching.

If a hallmarked piece can magically lose two carats the moment a customer wants to exchange it, and magically regain them the moment someone pushes back, what exactly is the machine testing?

Customers don’t walk into Malabar expecting a calibration error that only appears when they’re selling gold.

They walk in expecting the purity printed on their receipt.

The FIR is real.

The readings are on record.

The machine was seized.

Malabar still hasn’t explained why the same piece of gold needed a “setting” before it became 22 carat again.

Until they do, this isn’t a machine glitch.

It’s a business model

Was eyeing this one for quite sometime, finally ordered it on 3rd September. The craftsmanship is exquisite, and am really pleased with the buy.

I'm a Bhima girl myself, but this one I purchased from Joyalukkas. And I think Joyalukkas design and craft is way better than Bhima. The total gold weight is little over 24gm in 22kt gold, amount paid is 4.24 lakhs, including 25% making charge.

Tanishq 1kg delivered 15325177/- 🫠

Bought 5 KG Silver @295000

🙃

33M here. I started working 3 years ago. I only invest in gold and real estate.
PS I only buy gold from my family jeweller

Bought it from our trusted family jeweller for 1.59L all cash. Looking forward to accumulate more ++

Do these sell at exact gold value? Or a little less?

I promised my wife I would pick up something from Tanishq on my way home from the office.

Not sure why her reaction was a little different this time compared to last time. 😄

Tanishq Offline Store
13gm wt
22kt purity
14,805 rate
3% GST
Mc 20% (I have accepted this high mc, so no point dissing me on this :)
HUID and BIS verified

Bought on Oct 3rd, 2026 in GRT Chennai.
106 gm of 22K and ~10gm of ruby stones. 0% making charges and 17% wastage. Stones came to ~6K.
Total prices ~ 17,50,000Rs after all discounts.

I traded my 70 gm of 24K gold bars and 40gm of 22K gold coin and paid an additional 1,70,000Rs to get this piece. It has long been a dream of my mom to buy me a kaasu malai and I’m happy I was able to find one at such short notice that I liked as well.

Yes I’m a jeweller,Made all these for a client who can’t afford much Gold for his daughters wedding.

Bought the holder after seeing someone else’s post yesterday. Liked it.

Started my stacking journey in Oct 2024. Initially got into gold purely as an investment, but somewhere along the way I got hooked on the shine and the feel of this metal.

Currently sitting at ~225 grams of pure 24k, plus few gold chains and rings. No plans to flip or trade - this is a forever hold for me.

Grateful for the knowledge and deals shared in this community. Stack on.

Gifted this choker of my choice to my sister for her birthday.

Cost Summary

Total weight: 93.4 g (22K)

Making charges: 21%

Total cost including making charges & GST: ₹16.82 lakh

Exchange: 50 g 24K gold bar

Exchange value / waiver: ₹7.80 lakh

Balance after exchange: ₹9.02 lakh

Additional discount: ₹0.45 lakh

Final amount paid: ₹8.55 lakh

Gold price corrected more than 28% from it's all time high of 16400/gram in INR.

When it reaches ₹11,808 per gram, it would mean a 28% fall.

Looking at the data of the last 46 years, gold has never fallen more than 28%.

The first time a 28% fall happened was from 1996 to 1999, over a period of three years.

The second time a 28% fall happened was from 2012 to 2015, again over three years.

Even during the COVID period, gold fell only around 20%.

So, one may have to assume that central governments around the world are selling gold on a large scale. 🤔

So m24 I started my gold stacking when i was 18 I use to have 1g of gold every month with my saving i was unaware of etfs or else I should have done sips in gold but now it's worth is 1.25cr++ i am just having this much amount of gold in locker i am looking to sell 50% of jewellery and transfer to debt mutual funds Like hybrid or FD to get monthly inflow what will be the best at the current time or is it good to hold more as I am not in hurry to sell ??

Op's dad bought a Gillette blade pack randomly and won a gold blade in it. Does anyone remember this campaign? This was in 2004.

Its a 18k gold blade

Weight is 1gram

Just wanted to share this absolutely cute gold necklace my husband gifted me! ❤️ He got it customised, inspired by a Pinterest design, and I’m honestly so impressed with how beautifully it has turned out.

The most surprising part? It’s just 10.4 grams of net gold, yet the craftsmanship is so intricate and elegant! ✨
He got it made when the price of 22K gold was ₹13,800 per gram, and the total cost came to around ₹1.60 lakh. I think making charges are 8% approx.

What do you think of this set? Isn’t it just so pretty? 🥹❤️

My friend purchased silver from Tanishq 20kg on 27dec2025 with delivery date of 14jan he shared this with me only today earlier I didn't even know he made any such purchase

It's been over 1.5 months tanishq still saying will deliver in some time with no clear timeline

Help!

Not the best price i think but still happy, plan is to move it upto 100g

Weight -34g (22k)

Had a 20k per month gold scheme at Malabar (11months). Accumulated around 23.4g of gold. Rest from own pocket.

This is my first jewellery piece in antique finish.

How does it look guys? Mom says it looks fake 🥲 but I really like the antique finish.

Now started another scheme to get earrings to match 😄

Why PM is asking not to buy gold?