HALLMARKING OF GOLD JEWELLERY
![Everything you expect from physical gold can be done faster, better with digital gold: SafeGold CEO](https://img.etimg.com/thumb/msid-111053917,width-100,height-75,resizemode-4/industry/cons-products/fashion-/-cosmetics-/-jewellery/everything-you-expect-from-physical-gold-can-be-done-faster-better-with-digital-gold-safegold-ceo.jpg)
Everything you expect from physical gold can be done faster, better with digital gold: SafeGold CEO
SafeGold, a digital platform, redefines gold investment with innovative ways to buy, sell, and store vaulted gold. Founder Gaurav Mathur envisions a global standard for digital gold transactions using a technology-driven ecosystem. The company's revenue grew by 35% to Rs 6,100 crore in FY24, maintaining profitability and aiming for faster profit growth.
![Gold trade urges introduction of hallmarking for 9-Carat gold amid record prices](https://img.etimg.com/thumb/msid-110311877,width-100,height-75,resizemode-4/industry/cons-products/fashion-/-cosmetics-/-jewellery/gold-trade-urges-introduction-of-hallmarking-for-9-carat-gold-amid-record-prices.jpg)
Gold trade urges introduction of hallmarking for 9-Carat gold amid record prices
The gold trade has called for hallmarking and HUID numbers to be introduced for 9-carat gold amid record-high prices of both gold and silver, making them unaffordable for many. Silver reached ₹92,444 per kg and gold approached ₹75,000 per 10 gm in Mumbai's Zaveri Bazaar. Officials from the India Bullion & Jewellers Association (IBJA) met with BIS executives to discuss the matter. IBJA emphasized that allowing hallmarking for 9-carat gold could enable consumers to purchase heavier jewellery within their budgets.
![Your 24 karat gold is of 999 or 995 fineness? Check before buying](https://img.etimg.com/thumb/msid-109944634,width-100,height-75,resizemode-4/wealth/spend/gold-fineness-of-999-or-995-which-one-is-real-24-karat-pure-gold-and-what-is-the-difference-between-two.jpg)
Your 24 karat gold is of 999 or 995 fineness? Check before buying
999 or 995- which is better gold: Many individuals are not aware that there are two ways to measure purity of gold. While karat is generally used for measuring purity of gold in jewellery, the same cannot be said for coins, bars and bullions. This is because fineness also matters while gold coins, bars and bullions.
![Gold loan interest rates 2024: SBI, PNB, HDFC Bank, ICICI Bank, Axis Bank, Bank of Baroda](https://img.etimg.com/thumb/msid-110108316,width-100,height-75,resizemode-4/wealth/borrow/gold-loan-interest-rates-2024-sbi-pnb-hdfc-bank-icici-bank-axis-bank-bank-of-baroda.jpg)
Gold loan interest rates 2024: SBI, PNB, HDFC Bank, ICICI Bank, Axis Bank, Bank of Baroda
Latest gold loan interest rates: Gold ornaments, including gold coins that banks sell, can be pledged to get a gold loan with little paperwork and a reasonable interest rate. Here is a look at different banks' latest gold loan interest rates, as per the bank websites.
![Gold prices today: Gold jewellery rates of Kalyan Jewellers, Tanishq, Malabar Gold](https://img.etimg.com/thumb/msid-109835067,width-100,height-75,resizemode-4/wealth/spend/gold-prices-today-gold-jewellery-rates-of-kalyan-jewellers-tanishq-malabar-gold.jpg)
Gold prices today: Gold jewellery rates of Kalyan Jewellers, Tanishq, Malabar Gold
Latest gold price of top jewellers in India: The majority of Indians believe that purchasing gold during festival occasions is auspicious and would benefit both individuals and families by bringing money and good fortune.
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22KT, 18KT, 14KT gold price today from Indian Bullion and Jewellers Association (IBJA)
Gold prices on Akshaya Tritiya: If an individual is buying gold jewellery, then they should know the prevailing gold price of 22KT, 18KT or 14KT. This is because these are purity karats used for making gold jewellery. Usually, one cannot buy gold jewellery made of 24 Karat of gold. Read on to know the current gold prices.
10 Best Luxury Mother's Day Gifts to Give Your Mother This Year
Make this Mother’s Day the most special one by gifting your mom a timeless present that exudes true elegance and luxury. In this article, we have shortlisted a bunch of gifts including a vintage watch, handbag, high-end perfume, and much more to ease your task of finding the perfect gift that will make her feel cherished on this special day.
Gold jewellery cost calculation: How jewellers calculate price of gold jewellery
Jewellers calculate gold jewellery price: While buying gold, many people do not check or know how the final bill amount is calculated by the jeweller for the gold jewellery. Further, some of them are unaware if they are buying 22 Karat gold jewellery or 18 Karat gold jewellery. There is a price difference between 22 Karat and 18 Karat gold jewellery.
How to check purity of gold jewellery? Three signs to check for hallmarking
Hallmarking signs on gold jewellery: If you are buying gold jewellery, then it is important to ensure that it is hallmarked. This is because hallmarking of gold jewellery with HUID number is mandatory. Hallmarking on gold jewellery done by BIS ensures that gold bought is of particular purity. Read on to know more about the hallmarking signs.
Check purity of gold using BIS app: Here’s a step-by-step guide to check gold hallmarking
How to check puity of gold: Customers can get their samples or jewels checked at any BIS-Recognized Assaying & Hallmarking Centre. Also, they can check authenticity of the hallmarking, download the BIS CARE application.
Gold prices today: Gold jewellery rates of Tanishq, Malabar Gold, Joyalukkas, Kalyan Jewellers
Latest gold jewellery price: In India, gold prices vary by city thanks to several factors such as taxes, shipping costs, purity standards, and local demand and supply. Let us take a look at the gold prices of a few famous jewellery brands in India.
Gold price record run pushes Indian jewellers to offer diamond in lower cartage yellow metal
Gold price surge in India has affected diamond jewellery demand in India. Jewellers have switched to 14-carat gold in a bid to cut selling prices and thus not lose out on revenues. The industry has seen a rise in 14-carat options due to gold price increase.
Gold jewellery price today: Gold rates of Tanishq, Malabar Gold, Joyalukkas, Kalyan Jewellers
Gold rate today in India: Due to its ability to act as a hedge against inflation, deflation, and currency depreciation, gold is a favourite asset among many Indian investors.
DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exports
The DGFT urges the Gem & Jewellery Export Promotion Council to promote e-commerce for gold jewellery exports, aiming to position India as a leading global supplier. Highlighting India's significant gold buying power, DGFT stresses the need for streamlined exports across diverse demand.
Gold jewellery price today: Gold rates of Tanishq, Malabar Gold, Joyalukkas, Kalyan Jewellers, top branded jewellers
It's critical to comprehend the gold prices of the gold companies. The following list includes the gold prices for four prominent jewellery companies in the country.
Buying gold coins, bars? The jeweller you buy it from is much more important than in case of gold jewellery
Hallmarking is mandatory in case of gold jewellery and artefacts only. Hence, while buying the coin and/or biscuits, it is important to have a trust with the jeweller or any other seller from whom you are buying the gold bullion. Read on to know why it is critical to choose the correct jeweller while buying gold coins.
24Karat gold comes in two different purities: Know the difference to get full value for your money this Diwali
A jeweller can offer you 24 karat gold either in 995 or 999 fineness. Not many people understand the concept of fineness. Most people only know Karat as purity measure of gold. It is important to understand the purity of gold in terms of fineness as well. Read on to know more about it.
How to test the authenticity and purity of Gold and Silver using your mobile
On the auspicious day of Dhanteras, the Bureau of Indian Standards (BIS) has launched the 'BIS Care App' to address concerns about the purity of gold and silver jewellery. The app allows users to track ISI and hallmark-certified jewellery, verify the authenticity of hallmarked gold items, and check the purity of jewellery articles.
Dhanteras 2023: Buying gold for the first time? 4 ways to avoid wasting money on counterfeit jewellery
It would be wise to triple-check the jewellery, before you part with your hard-earned cash.
Gold in Dhanteras, Diwali: Hallmark, BIS logo, 5 things you need to check while buying jewellery
Dhanteras, which falls two days before Diwali, is considered one of the most auspicious days to buy the yellow metal. It's been a longstanding tradition to buy some gold, even in the form of jewellery, on Dhanteras. While buying jewellery, we often check the gold rates. But, we also need to remember the dos of buying gold jewellery to ensure that we get the worth of our investment. So, here is a list of things that you need to check while buying gold this Diwali.
Diwali offers: Elevate your Style with Jewelry Gift Cards that Dazzle and Delight
Diwali, the festival of lights, is a perfect occasion to exchange meaningful gifts. Jewellery gift cards hold a special place during this festive season, symbolizing prosperity and elegance. Whether it's a delicate necklace, a sparkling pair of earrings, or a stunning bracelet, Jewellery adds a touch of glamour to any outfit. The shimmering gemstones and intricate designs make jewellery gifts a cherished token of love and appreciation. So, this Diwali, surprise your loved ones with the timeless beauty of jewellery and let the festivities shine even brighter.
Buying gold jewellery this Dusshera, Diwali? How to check purity of gold jewellery using BIS app
Many individuals buy gold during upcoming festivals, however, they should make sure that they buy the hallmarked jewellery and confirm the same.
Gold jewellery with 6-digit HUID number can be sold from April 1, 2023: What it means for consumers
HUID stands for Hallmark Unique Identification. It was introduced as part of the BIS hallmarking symbols on the gold jewellery from July 1, 2021. It is a 6-digit alphanumeric code which is unique for every hallmarked gold jewellery. This code is stamped by the BIS certified hallmarking centre. Read on to know how HUID on gold jewellery benefits customers.
Gold hallmarking: What are the charges to get gold jewellery hallmarked
The third phase of the mandatory hallmarking vide Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order, 2023 came into force from September 8, 2023.
Tanishq, Malabar Gold and other jewellery giants put their hallmark on small towns
As much as 70% of Tanishq's 436 stores are outside large cities - 38% in places with 200,000-plus population and 32% in smaller towns - with the remaining 30% in metros and mini-metros, chief executive Ajoy Chawla said. Some of these are located in places such as Kudal in Maharashtra's Sindhudurg district, Bhawanipatna and Angul in Odisha, and Mirzapur and Balia in Uttar Pradesh.
Government announces third phase of mandatory hallmarking to come into force from today
The state-wise list of newly added 55 districts under the mandatory hallmarking is available on the website of the Bureau of Indian Standards (BIS) under the hallmarking section. It is notable that BIS has been successful in the implementation of Mandatory Hallmarking in 256 districts of the country with effect from 23 June 2021, in the first phase and in the additional 32 districts with effect from 4 April 2022, in the second phase wherein more than 4 lakh gold articles are being hallmarked with HUID every day.
You will not be able to buy this type of gold jewellery from April 1, 2023
The Bureau of India Standards (BIS) will not permit the sale of hallmarked gold jewellery or artefacts after March31, 2023 if those items lack a 6-digit alphanumeric Hallmark Unique Identification Number (HUID).
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