Mandatory gold hallmarking to come into force from June 16 in phased manner
In November 2019, the government had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. But the deadline was extended for four months till June 1 and later till June 15 after the jewellers sought more time in view of the pandemic.
Jun 15, 2021, 23:33 PM ISTHallmarking of Gold Jewellery to start from June 16: Check the hallmark signs before buying
Gold hallmarking is basically a purity certification of the precious metal and mandatory hallmarking basically means that jewellers will now be able to sell only hallmark certified in three caratages 14-, 18- and 22-carat gold jewellery. Customers need to check whether that is hallmarked gold or not.
Jun 01, 2021, 23:22 PM ISTWedding season buying keeps gold prices firm
Globally, gold rose 0.21 per cent to trade at almost a 3-week high of USD 1,283.50 an ounce in New York on Thursday amid uncertainty over US tax reforms.
Nov 10, 2017, 15:25 PM ISTGold recoups Rs 100, but falling fortune globally caps gains
Gold prices recovered from a 10-month low by rising Rs 100 to Rs 28,550 per 10 grams, taking its strength from scattered buying by local jewellers even as the metal weakened overseas.
Dec 12, 2016, 16:27 PM IST