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India Makes Hallmarking Gold Jewelry Mandatory

The government move protects consumers from unscrupulous jewelers.
Jan 4, 2012 5:35 AM   By Rapaport News
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RAPAPORT... India approved making hallmarking of gold jewelry mandatory to protect consumers from unscrupulous jewelers, Press Trust of India (PTI) reported. The hallmarking of gold jewelry is voluntary in nature at present, it noted.

The cabinet, headed by Prime Minister Manmohan Singh, cleared the proposal by approving amendments to the Bureau of Indian Standards (BIS) Act, 1986, that aims to expand the ambit of mandatory hallmarking to include more products, including gold, PTI stated, citing unnamed sources.

The hallmarking of gold jewelry is a purity certification of the precious metal and the Bureau of Indian Standards (BIS), under the Consumer Affairs Ministry, is the administrative authority of hallmarking, the report noted.
Tags: BIS, gold, hallmarking, India, jewellery, Jewelry, Rapaport News
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