Indian government mandates hallmarking for gold bullion to ensure purity and protect consumers.

The Indian government plans to make hallmarking mandatory for gold bullion to ensure purity and protect consumers. Over 40 crore gold jewelry items have already been hallmarked since the initiative began in 2021. The six-digit unique ID system aims to ensure quality and transparency. The government is also developing regulations for lab-grown diamonds to protect consumers buying natural diamonds.

4 months ago
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