Hallmarking to be mandatory for gold jewellery and artefacts

Hallmarking of gold jewellery and artefacts will be made mandatory across the country from January 15, 2021. The step aims to ensure the purity of the precious metal. The decision will make it compulsory for all the jewellers to register with the Bureau of Indian Standards and sell only hallmarked gold jewellery and artefacts. A notification in this regard will be issued on January 15 2020 and the decision will come into effect after a year.

Gold hallmarking is a purity certification of the precious metal. It is voluntary in nature at present. The BIS is already running a hallmarking scheme for gold jewellery since April 2000. The Bureau of Indian Standards has formulated standards for hallmarking gold jewellery in 3 grades: 14 carat, 18 carat and 22 carat.

Source: The Economic Times

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