India to start mandatory Hallmarking of Gold Jewelry
Hallmarking of gold jewellery will be mandatory in India from January 1, 2008, Additional Director General, Bureau of Indian Standard, Y P Singh said
The Hallmarking Scheme started in April 2000 and is currently not mandatory. A Hallmarking of silver jewellery and artefacts scheme was started in October 2005.
India, the world's largest gold jewelry market, is currently only voluntarily Hallmarked, leaving customers to find for themselves if jewelry is the correct karatage and relying on the good reputation of the trader they buy their jewelry from to ensure they are getting what they paid for.
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