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GOLD TESTING AND PURITY
Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutinyDigital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...- BIS plans phased move towards mandatory silver hallmarkingThe Bureau of Indian Standards is studying mandatory hallmarking for silver. This move aims to ensure purity for buyers. Silver hallmarking...
- India’s gold import problem may already have a solution at homeIndia's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant valu...
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- FM Nirmala Sitharaman bullish on gems & jewellery sector opening new skilled job opportunitiesA significant grant supports lab-grown diamond research at IIT Madras. The Finance Minister inaugurated a new jewellery institute in Udupi....
- Akshaya Tritiya Meets Smart Investing: The Rise of Digital GoldAkshaya Tritiya, a day for prosperity, now embraces digital gold. This modern investment allows easy online gold purchases, offering conven...
- Gold buying through unique buy-now-pay-later solution: Keyur Shah, CEO, Muthoot Exim, on how he is making gold buying affordableMuthoot Exim's Swarnavarsham scheme offers a buy-now-pay-later solution for low and middle-income gold buyers. Customers pay a 15% down pay...
- Looking for replacement of your old gold jewellery after unprecedented price rise? 6 factors you must check before going for new hallmarked pieceWith gold prices rising, consumers are increasingly exchanging old jewellery for hallmarked pieces to ensure purity and better resale value...
- Gold purity check: Will I be compensated if my gold jewellery is found to be of lesser purity?Gold hallmarking is now mandatory to ensure purity. Consumers can verify hallmarked gold using the BIS Care App's HUID feature. Unhallmarke...
- Buying gold coins, bars? The jeweller you buy it from is much more important than in case of gold jewelleryHallmarking is mandatory in case of gold jewellery and artefacts only. Hence, while buying the coin and/or biscuits, it is important to hav...
- How to test the purity of gold?When it comes to gold, how pure is pure? And how does anybody know? The question of testing the purity of gold has been a live one for thou...
- Holding old, un-hallmarked gold jewellery? Here's what you can doIt is mandatory for jewellers to sell only BIS hallmarked gold jewellery with 6 digit HUID number. Further, the hallmarking symbols have be...
- You will not be able to buy this type of gold jewellery from April 1, 2023The Bureau of India Standards (BIS) will not permit the sale of hallmarked gold jewellery or artefacts after March31, 2023 if those items l...
- Augmont Gold enters 'sell old Gold' businessIt is the first corporate mover in the direction, and aims to provide a fully transparent and digital process for the customers, acknowledg...
- How to check for purity of BIS hallmarked gold jewellery3 signs to check for purity of gold
- Consumers can get un-hallmarked jewellery tested at BIS recognised centresThe Ministry of Consumer Affairs said mandatory hallmarking has been successfully implemented wherein 3 lakh gold articles are being hallma...
- Banks to get 2.5% commission under gold monetisation schemeTo make the scheme more attractive, Bureau of Indian Standards (BIS) has modified the licensing condition for refiners.
- Quantum MF tests purity of all gold bars held under its Quantum Gold FundQuantum Mutual Fund, recently used the services of a certification agency to test the purity of all gold bars held under its Quantum Gold F...
- Hold jewellers as accountable for gold hallmarking fraud: IAHCIAHC suggested that the government hold jewellers as accountable as the certification firm when a jewellery item fails a test of gold purit...
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