Purchasing latest gold jewellery designs is every buyer’s expectations when they plan on investing in Jewellery. However, like all other good and precious things, gold can be pricey too. Buyers wait until prices fluctuate which depends upon several factors such as the market, gold purity, weight, and intricacy of the piece making buyers eager to invest at the right time.
Luckily, old gold can always be sold, exchanged, or melted down in order to create a new piece. Gold is a luxurious commodity that is not only valuable but can be worn and enjoyed as a jewelry piece and passed down for generations. In this article we will acquaint you of the Hallmark that you must have often heard while purchasing jewellery from top jewellers in Delhi and all over India.
Understand the Hallmarking of Gold used in creating exquisite gold jewellery pieces. We all must have heard the term Hallmark when it comes to purchasing jewellery pieces from top jewellers in Delhi and rest of India. Purity is the primary concern when purchasing gold in India because unfortunately all that glitters is not always gold.
Something our ancestors have always taught us about. To keep purity of gold in check BIS the Bureau of Indian Standards (BIS) has introduced the Hallmarking system which sets limits as to how much of each metal can be mixed or blended with the gold while creating jewellery so the precious metal’s purity is retained. The hallmarking scheme operated by BIS wherein representatives visit jewelers and assess the quality of gold.
A jeweller is only granted a license if it meets the standards. This enables them to get their gold jewelry hallmarked for purity, after extensive testing, by BIS-recognized Assaying and Hallmarking Centers in India. The revised gold hallmarking was effective from January 1, 2017, and consists of four parts:
- BIS triangular stamp.
- BIS hallmarking center logo.
- Jeweler's identification mark of BIS certification.
- Purity in karat and fineness. Hallmarked gold jewellery is now available in three grades, with the following numbers: 22K916 = 22K, 18K750 = 18K, and 14K585 = 14K. Prior to January 1, 2017, the numbers were as follows 958 = 23K, 916 = 22K, 875 = 21K, 750 = 18K, 585 = 14K, and 375 = 9K.
At present it is estimated that around 30 - 40 % of gold jewelry is hallmarked in India. However, the Government of India is further planning to implement mandatory hallmarking for all jewellers for 14 karat, 18 karat and 22 karat gold jewellery that weighs more than 2 grams.
When a buyer goes to purchase latest gold jewellery designs, they must always ensure that their preferred jeweller or the jewellery brand complies with the mandatory hallmarking of the gold used in their jewellery pieces as more than often the jewelers in India try and mislead customers by telling them that their jewellery is not hallmarked as it is a huge expense which increases the cost of jewelry.
In reality, it only costs 35 rupees to get a piece of gold jewelry hallmarked by the jeweller. One must always keep in mind that if the gold by your jeweller is not hallmarked then it is most likely not as pure as claimed.