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India’s gold trade in meltdown over new hallmarking rules

JAIPUR – India’s US$60 billion gold jewelry industry is in chaos after the Narendra Modi government suddenly imposed new hallmarking rules. Hallmark stamps represent the purity, jeweler, hallmarking center and Bureau of Indian Standards (BIS) and are recognized internationally. The problem lies with a new standard to be introduced, known as the Hallmarking Unique Identity […]