India makes hallmarking gold jewelleryBusiness News

January 04, 2012 13:00
India makes hallmarking gold jewellery

India has made hallmarking gold jewellery for quality control mandatory, a senior government minister said.

India is the world's biggest consumer of gold but quality is sometimes a problem, especially with small jewellers and customers face problems during redemption.

Gold imports by India plunged 56 percent to 125 tonnes in the fourth quarter, cutting full-year imports by 8.4 percent as record high prices and high interest rates hit demand.

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)