
BIS Introduced Hallmark for the 9-carat Gold
Gold, a traditional and trusted investment for Indian households, has seen significant price increases in recent months. It has expanded out to a range of several sections of society, including middle and lower-middle income groups. To ease the financial burden on these groups, the Government of India, in collaboration
Gold, a traditional and trusted investment for Indian households, has seen significant price increases in recent months. It has expanded out to a range of several sections of society, including middle and lower-middle income groups.
To ease the financial burden on these groups, the Government of India, in collaboration with the Bureau of Indian Standards (BIS), has introduced hallmarking for 9-carat gold.
Previously, hallmarking was applicable only for 14K, 18K, 20K, 22K, 23K, and 24K purities. With this update, 9K gold has now been added to the list, offering consumers a more affordable yet certified/trusted option.
9k carat comes with the following significances,
Here are the key significances of 9-carat (9K) gold:
- Affordability: Contains less pure gold (37.5%) than higher-carat gold, making it significantly cheaper and accessible to a wider section of society.
- Durability: Harder and more scratch-resistant due to the higher proportion of other metals (like copper, silver, zinc) mixed with gold.
- Everyday Wear Friendly: Its strength makes it ideal for daily-use jewellery that is less prone to bending or damage.
- Lightweight Jewellery: Allows creation of larger, statement designs without excessive cost or weight.
- Hallmark and Quality Assurance: With BIS hallmarking now extended to 9K, buyers can trust its authenticity and purity level.
- Wider Market Reach: Makes gold jewellery accessible to middle and lower-middle income groups who previously found higher-carat gold unaffordable.
- Resale Value: While lower than higher-carat gold, it still retains value and can be resold or exchanged at jewellery stores.
Pricing around: 37-38K
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