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Hallmarked gold
jewellery 'welcomed in India'
Consumers in India have
welcomed government plans to introduce compulsory hallmarking, it has been
revealed.
According to Reuters, gold customers in the Asian country believe the move by
the government - in which gold jewellery can be certified for purity at
government centres - is a positive one.
Furthermore, in January next year, a seven-year old hallmarking scheme will
become compulsory.
The move will help to ensure the purity of gold sold to buyers, with Reuters
reporting that a government survey in 16 cities last year discovered that over
than 90 per cent of samples fell short in purity terms meaning that a customer
buying 22-carat labelled gold jewellery could discover it to be 18 carats.
"Hallmarking has caught up quite nicely in Chennai, out of every ten customers,
six or seven people ask for it," Ranjit Rathod, owner of a jewellery unit, told
Reuters.
Last month, Idex online reported that the All India Gems & Jewellery Trade
Federation took part in a video conference to discuss the hallmarking scheme.
© 2007 Adfero Limited |
