The Fact News Service

Govt changes hallmarking rules to curb gold fraud

The Fact News Service
New Delhi, June 6
The government has made major changes to the rules regarding hallmarking. From June 16, no one will be able to sell gold without hallmarking. The government has changed the rules to curb fraud in the name of gold. Hallmark is a government guarantee. Hallmarks are determined by the Bureau of Indian Standards (BIS), the only agency in India. Hallmarking involves certifying a product to a set standard. B. I. S in India. It is an organization that checks the quality of services being provided to consumers. Gold Coins or Jewelry Any gold jewelry that b. I. S. Hallmarked by B.C. I. S. must have a logo. This shows that B.C. I. S. its accuracy has been tested in licensed laboratories. 999 is written in 24 carat pure gold. 916 is inscribed on 22 carat jewellery. The 21 carat gold is marked 875. 18 carat jewellery has 750 written on it and 14 carat jewellery has 585 written on it. B. I. S. on the original Hallmark is a triangular symbol. It bears the hallmarking center logo. The purity of gold is also written. Jewelry also has the year of manufacture and the manufacturer’s logo. In the name of being more expensive due to the hallmark, the jeweler offers you cheap jewellery without the hallmark, so be careful. Experts say that the cost per hallmark of jewelry is only Rs 35. When buying gold, don’t forget to get a certificate of authenticity / purity. Be sure to check the quality of the gold in the certificate as well. Also, a separate certificate is required for gemstones in gold jewellery.

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