What does Wastage mean in jewellery making terminology?
Goldsmith get gold bar from which they prepare variety of jewellery.During the process some particles will be left out as residue. This residue is known as “Wastage” in jewellery making terminology. Using residues again gold bar is made and goldsmith has the legitimate right. That means that the goldsmith needs 115gm gold to prepare a jewellery of 100gm. The extra 15gm is considered as reward for the work done. The hardness or softness of gold depends on the purity of the same. The purity of the gold is measured in terms of karat. There is no relation between Wastage and purify of the gold. We come across Wastage even in KDM.