New Rule Silver Jewellery : The price of gold and silver is skyrocketing. Both have started touching the figure of lakh rupees. Even after paying such a high price, people are afraid about the purity of gold and silver.
There is a question in the mind that how pure is the gold or silver they are buying. The government has solved the problem of purity of gold by making rules, but nothing has been done to stop adulteration in silver jewellery. The government has made gold hallmarking mandatory. Now big preparations are being made for silver. There is a preparation to make hallmarking mandatory for silver jewellery as well.
Hallmark for silver jewellery
Hallmarking can be done for the purity of silver jewellery. From September 1, a 6-digit code (HUID) can be introduced in hallmarking on silver jewellery as well. These 6-digit codes will tell the purity of silver. Currently, codes are not present in hallmarking of silver. According to Uday Gajanan Shinde, President of Indian Association of Hallmarking Centers, New Delhi, it can be implemented soon.
The 6-digit code will tell how pure the silver is.
Often silver jewelry turns black, people are confused about its purity, but soon this tension will end. The government is going to bring a rule to put a hallmark of a special 6-digit HUID number on silver jewelry. This HUID number will tell the purity of silver. It will be divided into 6 grades, which will be 900, 800, 835, 925, 970 and 990.
Benefits of hallmarking silver
With hallmarking of silver, buyers will have no doubts about its purity. Their trust in jewelers will increase. You will be able to buy silver anklets, chains, rings, toe rings etc. by looking at the hallmark. Fake jewellery will be curbed. Transparency will increase in the jewellery industry.
