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Hallmarking of gold jewellery started in India in the year 2000. At present more than 3 lakh gold articles are being hallmarked with HUID every day, says the Ministry of Consumer Affairs.
Since the implementation of mandatory hallmarking, only 14, 18, and 22-carat gold can be sold in India. Be wary if you encounter jewelry labeled as 20 or 21 carats, as these are not standard options.
In India, gold is officially marked by the Bureau of Indian Standards. It is called hallmarking and acts as a guarantee of the precious metal's purity. It protects the buyer from adulteration of gold.
The new requirements will also not have any bearing on gold brought into the country by expats or residents returning to India. The hallmarking change also will not "impact in any way Indian ...
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Gold purchase on Diwali: What is gold hallmarking? Know why it is crucial and charges to get it doneThe goals of this hallmarking initiative are to safeguard consumers from fraudulent practices related to the purity of gold and silver, to position India as a major hub in the global gold market ...
Hallmarking ensures the credibility and authenticity of the purity of the gold. BIS regulates the certification of gold as per the norms of the government of India. You must check the hallmark on ...
The government has made hallmarking of gold jewellery mandatory in India from June 16, 2021. This comes two decades after gold hallmarking was introduced in India on a voluntary basis. The Bureau ...
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The Indian government and MMTC-PAMP sell gold coins known as “India Gold Coin” (IGC ... propensity and ability to handle volatility. Hallmark is the symbol marked on the gold jewelry to ...
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