Hallmark In Gold Jewellery And Its Importance
Festivities call for a shopping spree. One of the most exciting things to do is purchasing gold jewellery. With over 4,50,000 goldsmiths in the nation, choosing the most credible ones is confusing. Purchasing gold jewellery is surely a big financial decision.
So, how does one assess its credibility? What to look for while purchasing the latest gold designs ? The answer to this is a hallmark in gold jewellery. But, what is a hallmark? What is its importance ?
Here is all you need to know.
Hallmark in gold jewellery:
The Bureau of Indian Standards (BIS) provides the hallmark accreditation on gold commodities. It acts as the proof for purity and quality that gold items meet the standards and guidelines as provided by the BIS. The hallmark plays a key role in building trust among the consumers that they are purchasing assured quality gold. Hallmarking for gold jewellery started in India back in 2000, validating the authenticity of the products sold.
What are the elements of hallmark in gold jewellery?
As a mark of the purity and fineness of gold, the hallmark on jewellery contains four components. Whether it is during the purchase of the latest gold designs or a basic gold coin, the consumer must ensure the presence of all these components. These include:
BIS logo:
This is triangular in shape. It proves that the gold is verified by the BIS authorities for fineness and purity. It is mandatorily present on all the gold jewellery.
Mark for purity:
This mark can indicate the purity in two forms. It can either be through carat notion or purity measurement in part per thousand. In carat notion, the hallmarking is done for 24K, 22K and 18K. 24K means that the gold provided is completely pure. While the others contain metals in varying percentages. The carat notion also plays a key role in determining the price of gold jewellery. Further, jewellers charge surplus making charges. The customers can’t bargain on the standard gold prices but they can do so for the jewellery making charges.
Assaying centre’s mark:
The third component is the logo of the assessing centre. There are only certain laboratories which have the license to check gold’s purity and are allowed to put their mark. All the hallmarking centres which have the license can be checked on the BIS website.
Jeweller’s identification mark:
To ensure that the jeweller is certified by BIS, this mark is put. The BIS certification is cheap. Every jeweller selling this logo has a unique mark.
Importance of hallmark
It is not an easy task to judge the purity of gold just by a glance. You need to take the expert’s advice to ensure that the gold you purchased is pure. This is where the role of hallmark comes in. Once you’ve ensured the presence of all four components on the product, you are good to go. Alongside, hallmarked products provide a high resale and exchange value.
At Srinath Jewellers, you can completely trust us to provide you with hallmarked jewellery ensuring its purity. We understand its importance and provide our customers with the best.