India’s stamp of approval

Though India has long been one of the world’s biggest consumers of gold, the government introduced mandatory hallmarking of gold jewellery and artefacts for the first time in June 2021. The intention was twofold: formalise the gold jewellery market and boost sales by empowering consumers with a clear understanding of their purchase’s quality.

Gold hallmarking is a certification informing consumers about the purity of gold used in jewellery and artefacts. It is denoted by a third-party stamp on the metal. Prior to the Indian government's mandate, hallmarking was voluntary.

Read more at the Times of India.