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Even hallmarked gold jewellery in India vary in purity: WGC
July 30, 2015
It may come as a shock to some, but even gold jewellery that
has Hallmark certification vary in purity, the World Gold Council on Thursday said
while calling for urgent steps to improve quality standards in the
world's largest gold consuming nation.
The improvements to the hallmarking system in India are not
only essential to a successful gold monetisation scheme but also help to boost
the country's gold jewellery exports from the existing $8 billion to $40
billion in the next five years, it said.
The hallmarking of gold, which is voluntary in nature at present,
is a purity certification of the precious metal.
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