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When buying a gold bar or gold coin, a buyer has to make sure he buys it from a trustworthy source, lest he gets saddled with gold of lesser purity. There have been instances when one has paid for a 24K/10 gram gold coin and has got a 19-20K/10 gram coin.
Our family has been through this experience — gold was bought from a local jeweler and a few years later when checked at a leading jeweler we got to know the real K.
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