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    Gold Hallmarking

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    • Centre explores extending mandatory hallmarking to silver amid rising prices

      Bureau of Indian Standards (BIS) is assessing infrastructure, assaying capacity as silver prices rise and demand for quality checks grows, said Sanjay Garg, Director General, BIS.

    • Akshaya Tritiya 2023: High prices push consumers to sell old gold in exchange for new

      Starting 2021, only gold hallmarked by BIS laboratories can be sold in 288 districts in India. From April 1, 2023, the 6-mark HUID, too, has been made compulsory but even if your old gold is not hallmarked, stores will still accept it

    • Small jewellers fret over new Hallmark ID number on gold ornaments even after winning a three-month reprieve

      The new hallmarking ensures quality of gold used in jewellery and helps in traceability as the ID number is is unique for each piece. It can be used to trace the manufacturer, assayer and the retailer who sold it.

    • 7 changes in financial landscape you need to know this April

      From income-tax rules coming into effect after Budget 2023 to big bonanza for senior citizens to new rules for NPS withdrawal, a lot is happening. Here’s what to watch out for

    • Govt plans to make hallmarking of gold bullion mandatory: BIS chief

      Hallmarking -- a quality certification -- has been made mandatory with effect from July 1, 2022 for gold jewellery (14, 18, and 22 carat) and artifacts in 288 districts of the country.

    • Sale of gold jewellery and gold artefacts hallmarked without six-digit code to be banned from April 1

      Gold hallmarking is a purity certification of the precious metal. It was voluntary in nature till June 16, 2021.

    • New gold hallmarking rules; Here's all you need to know

      In the order, more districts have been added with the setting up for additional testing laboratories. Hallmarking is mandatory for all registered jewellers in 288 districts.

    • Explained | What is HUID and how it is plaguing the jewellery industry

      Govt has made it mandatory for all jewellers in 256 districts to hallmark gold jewellery from June 16. Experts say the govt needs to strengthen infrastructure to ensure the smooth rollout of the new regime. A report by ICICI Securities says that India has 945 AHCs, of which 490 were added in the last five years.

    • Mandatory gold hallmarking a win-win for buyers, sellers, says Malabar Gold & Diamonds chairman MP Ahammed

      The company recently listed its international investment arm on the Nasdaq Dubai Private Market ahead of an IPO planned for 2024

    • What is Hallmarking & what does it mean for consumers?

      As hallmarking becomes mandatory we get you the insights on what it means for you as a consumer.

    • Mandatory hallmarking of gold: What it means for consumers and jewellers

      The government has made it mandatory for jewellers to hallmark gold jewellery in India, which would give consumers assured quality of the precious metal and help the country emerge as a global hub for gold.

    • No penalty on jewellers for non-compliance of mandatory gold hallmarking till August: Govt

      Bureau of Indian Standards (BIS) Director-General Pramod Kumar Tiwari said it is a major move to protect the interest of consumers.

    • Registration by jewellers yet to pick up steam as date for mandatory gold hallmarking nears

      The government has extended the date for making gold hallmarking mandatory to June 15, but has found few takers among jewellers for certification.

    • Centre postpones implementation of mandatory gold jewellery hallmarking to June 15

      Speaking at a webinar organised by the Bureau of Indian Standards, Department of Consumer Affairs, Government of India, to discuss gold hallmarking, the Union Minister said that constructive suggestions will be incorporated and teething issues in implementation would be resolved by the committee.

    • Interview | Staying connected to consumers and community is the mantra to survive the COVID-19 crisis, says Senco Gold’s Suvankar Sen

      Although gold prices will remain volatile in the short term, in two years' time it will witness an upward trend, predicts the jewelry veteran

    • COVID-19 impact | GJC seeks postponement of mandatory hallmarking implementation by a year

      The Centre had announced in November 2019 that hallmarking of gold jewellery would be mandatory from January 15, 2021. The deadline was extended to June 1, 2021 after jewellers had sought more time due to the pandemic situation.

    • Interview | Gold buying for wedding rises as COVID restrictions cut other costs: Kalyan Jewellers' Ramesh Kalyanaraman

      Kalyan Jewellers says customers prefer its standalone showrooms over small shops because of better safety protocols during the pandemic and the quality of its products. The company's executive director Ramesh Kalyanaraman says its 14 new stores being launched will break even from day-1 as major costs like advertising are borne by existing stores.

    • BIS revises standard for hallmarking of gold jewellery

      Bureau of Indian Standards (BIS) today said it has revised Indian Standard on gold hallmarking, which is effective from January 1 this year.

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