Mumbai
Gold has become very expensive, 24 carat 10 grams of gold has remained around 1 lakh rupees. In India, people buy gold jewelery on a large scale, especially women take jewelry. But now due to the cost of gold, women are not able to buy gold jewelery even if they want to. Meanwhile, now the government has taken a big decision. Due to which the sale of gold jewelery can increase in the coming days. Because you can buy 10 grams of Gold Jewelery for less than 40 thousand rupees.
Actually, gold has become so expensive that customers are taking interest in shopping for cheap 9 carat jewelery instead of 22 or 18 carats. People are thinking better to buy gold jewelery with low carats, because they put less burden on pockets. Therefore, the Bureau of Indian Standards working under the Ministry of Consumer Affairs (BIS) has announced that hallmarking will now be mandatory on 9 carat gold jewelery. The government argues that people will avoid cheating due to hallmark on 9 carat gold.
Benefits of 9 carat gold
Therefore, hallmarking is also mandatory for 9 carat gold jewelery. The Bureau of Indian Standards (BIS) has included 9 carat gold in the list of compulsory hallmarking categories. This rule has come into effect from this July, that is, now you can buy 9 carat gold jewelery with hallmarks. Earlier, hallmarking was mandatory on 14, 18, 20, 22, 23 and 24 carat gold jewelery.
According to an estimate, at present, the price of 9 carat gold can be around 37000 to 38000 thousand rupees per 10 grams. At the same time, for 22 carat gold jewelery, you will have to pay at least 1 lakh rupees. This step of the government will give customers the correct information about the purity of gold. 9 carat gold is cheaper than 22 or 24 carat gold, and it is also easy to make modern design on it.
Export will boost from hallmarking
Not only this, hallmarking on 9 carat gold jewelery will boost exports. Because it will suit international standards, there is a lot of demand for 9 carat gold abroad. Hallmarking for 9 carat gold jewelery will provide protection to customers, and the popularity of 9 carat gold jewelery will also increase.
Talking about the benefits, 9 carat gold hallmarking will reduce the price of jewelry and people will get a great option to buy cheap gold jewelery. 37.5% purity of 9 carat gold from hallmarking will be confirmed. According to the rule, now jewelers and hallmarking centers will have to follow it.
How to identify pure jewelery
To check hallmarking on gold jewelery, you can use the BIS-Care app of the Bureau of Indian Standards (BIS). Through this app, you can identify real or fake hallmarking by entering the HUID (Hallmark Unique Identification) number given on jewelery. Apart from this, you can also check the hallmark by visiting the BIS website.
It is worth noting that when you take 22 carat gold jewelery, you should know that there is 2 more metal mix with 22 carat gold in it. At the same time, when you buy 18 carat jewelery, 6 carats are found in it. However, if you are buying jewelery for investment, then buy only 22 carat jewelery.
Why is the hallmark necessary?
Hallmarking means correct identity of gold purity. When you buy a gold jewel, a small mark is made on it, which tells how many carats that jewel is and what is its quality. Hallmarking is confident that the gold he is buying, it is real and according to his price, there is no deception in it. This not only provides protection to the buyer, but also makes it easier to sell gold or in the exchange.