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All gold jewellery to bear hallmark

  May 16, 2021

All gold jewellery to bear hallmark

Q Why is it in News ?  

The Centre will go ahead with its plan to mandate hallmarking of gold jewellery from June 1, 2021 . The plan had been delayed due to the COVID-19 pandemic. Gold hallmarking is a purity certification and is voluntary at present.

Q What is Hallmark Gold? 

Q What are the components of Hallmark ? 

There are  four components one must look at the time of buying gold (they are mentioned in the laser engraving of a hallmark seal):

  1. BIS Hallmark: Indicates that its purity is verified in one of its licensed laboratories
  2. Purity in carat and fineness (corresponding to given caratage KT)
    • 22K916 (91.6% Purity)
    • 18K750 (75% Purity)
    • 14K585 (58.5% Purity)
  3. Assaying & Hallmarking Centre’s mark
  4. Jeweler’s unique identification mark

Q Why such a move now?