Gold, Silver & Diamond Jewellery Scams Exposed | ft. Sumit Garg | Sanjay Kathuria Podcast

In this episode of the Sanjay Kathuria Podcast, we host Sumit Garg, Indian entrepreneur, jewellery expert, and Managing Director & Co-Founder of Luxury Ride, along with the founder of Delhi Diamonds and House of Rings . Recognised as one of the “40 Under 40” by The Economic Times, Sumit brings deep expertise in gold, diamonds, and luxury markets.

With a strong background in engineering and diamond grading certification from GIA, Sumit frequently shares insights on platforms like Aaj Tak. In this episode, he breaks down the real truth about gold jewellery scams, silver investments, and diamond buying strategies, helping buyers make smarter decisions.

From zero making charge scams, GST frauds, fake pricing tactics, to the rising trend of lab-grown diamonds, this conversation reveals what jewellers don’t want you to know. If you are planning to buy gold, silver, or diamonds in 2026 — this episode is a must-watch.

📘 What You’ll Learn

✅ Will gold & silver prices rise or fall

✅ Common gold jewellery scams in India

✅ How zero making charges scam works

✅ GST frauds in jewellery buying

✅ Best carat to buy gold jewellery

✅ Online vs offline jewellery buying

✅ Silver buying guide for beginners

✅ Diamond buying guide explained

✅ How to spot diamond scams

✅ Lab grown diamonds reality

⏱️ Timestamps

00:00 – Podcast Teaser

01:40 – Guest Intro & Recap

03:50 – Will Gold & Silver Prices Rise or Fall?

06:53 – Gold Supply Impact due to Dubai

08:50 – How to Spot Gold Jewellery Scams?

15:35 – Type of Gold Jewellery Scams

20:56 – Check this before buying Gold

22:40 – Zero Making Charges Scam

29:47 – Gold Jewellery GST Scam

33:26 – Best Brand to Buy Gold Jewellery?

36:40 – Which Gold Carat Should We Buy?

38:15 – Online Vs Offline Jewellers

40:20 – Silver Buying Guide Explained

44:40 – Silver Buying Mistakes to Avoid

45:11 – Diamond Buying Guide Explained

54:50 – How to Spot Diamond Scams

01:02:40 – How to Invest in Diamonds

01:03:15 – Forevermark Explained

01:05:19 – Lab Grown Diamonds Explained

01:13:30 – Episode Outro

🔗 Guest Socials

Youtube : https://www.youtube.com/channel/UCXr8jz_CISqsA0LCE9wJrEQ/about

Instagram: https://www.instagram.com/solitairesumit/

Instagram: https://www.instagram.com/delhidiamonds_sumitgarg/

Facebook: https://www.facebook.com/solitairesumit/

LinkedIn: https://in.linkedin.com/in/sumit-garg-a27536139

📲 Sanjay Kathuria Podcast Handles

Instagram: https://www.instagram.com/sanjaykathuriapodcast

YouTube (Main): https://www.youtube.com/@SanjayKathuriaPodcast

YouTube (Clips): https://www.youtube.com/@Sanjaykathuriapodcastclips

Facebook: https://www.facebook.com/sanjaykathuriapodcasts

Spotify: https://open.spotify.com/show/1VDdqFLEvqtKIr3pJuu1ep?si=I50k9_sCSVqSwOF62ugrIw

🙋‍♂️ Connect with Sanjay Kathuria:

Instagram: https://www.instagram.com/financebysanjay

Facebook: https://facebook.com/financebysanjay

LinkedIn: https://linkedin.com/in/sanjaykathuria

Twitter: https://twitter.com/sanjaykathuria

YouTube: https://www.youtube.com/@Sanjay_Kathuria

🧵 Hashtags

#SumitGarg #GoldInvestment #JewelleryScams #DiamondReality #SilverInvestment #GoldPrice #LabGrownDiamonds #SanjayKathuriaPodcast

🔍 SEO Tags

sumit garg podcast, gold jewellery scams india, how to check gold purity india, gold making charges scam, gst fraud jewellery india, silver investment guide india, diamond buying guide india, lab grown diamonds reality india, real vs fake diamonds india, jewellery business india, gold price prediction india 2026, best carat gold to buy india, jewellery fraud awareness india, sanjay kathuria podcast, indian finance podcast

📬 Want to Come on Our Podcast :

Email Us : Sanjaykathuriapodcast@gmail.com

📚 About the Podcast

The Sanjay Kathuria Podcast brings you India’s top investors, entrepreneurs, and wealth creators. Learn how the top 1% manage and multiply money in simple, actionable ways.