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Introduction
Gold is not just a precious metal, but an emotion for Indian households. Gold is always in high demand in India whether it is gold jewelry, bullion, or coins. Because of its cultural, security, and storage value. However, there are issues of gold purity in the Indian gold market. That’s where the hallmark gold outlines its arrival.
The Bureau of Indian Standards (BIS) has regulated gold purity, and its logo is on all gold items, including jewelry, coins, bars, and bullion, which is known as a hallmark of gold.
Read the blog and get to know the importance of hallmark gold in the Indian gold market, types of Indian gold hallmark symbols, and differences between BIS hallmark and 916 gold which will help you to make informed decisions in your gold investment journey.
What is Hallmark Gold?
Hallmark gold is a verification of gold's purity and genuineness, certified by the BIS. Hallmarking on gold items and guaranteeing the authenticity and standard of gold. Hallmarked gold builds trust among gold investors and makes gold selling and purchasing easier with an authority symbol.
Indian Gold Hallmark Symbols
There are mainly four standard symbols that verify the hallmarking in India and ensure the hallmark gold purity in any gold coins, gold jewelry, and bullion:
1. BIS Mark
The BIS logo is the most important mark on hallmarked gold because it provides credibility and certification to your gold.
2. Purity of Gold Mark
The second symbol in the row is the purity of the gold mark. This symbol verifies the purity or fineness of gold like whether gold is 22 karats, 18 karats, or 14 karats etc.
3. Assaying and Hallmarking Centre Mark
The mark of assaying and hallmarking center where gold is tested and refined is also important for hallmarked gold.
4. Jeweler’s Hallmark Unique Identification (HUID) Mark
This mark is unique for every gold jeweler and consists of a six-digit unique identification number on the hallmarked gold.
Difference Between BIS Hallmark and 916 Gold
1. BIS Hallmark
BIS Hallmark provides gold’s overall certification of authenticity that verifies the gold is pure, genuine and government approved.
2. 916 Gold
The 916 marks on gold just verify the purity of gold and show how much the hallmarked gold jewelry is pure in terms of karats. Here if there’s a 916 mark on the gold, it is 22 karats gold which contains 91.6% gold purity in it.
Importance of Hallmark Gold
1. For Investors
Hallmark gold provides a sense of trust and security of pure gold to gold investors and ensures that the hallmarked gold meets the industry standards.
2. For Gold Jewelers
Gold jewelers become worry-free when they find the authenticated hallmark of BIS on gold, and at the same time, they verify the hallmarked jewelry with HUID.
3. For Consumers
As Indian consumers prefer gold jewelry on several occasions, the hallmarked jewelry gives them a certificate of purity, authenticity, and safety.
How to Check the Hallmark on Gold?
1. Check for the BIS Mark
Ensure the gold has the official BIS logo on it.
2. Check the Purity of Gold
Match the gold’s purity numbers like 916, 750, and 585.
3. Check the Gold’s Assaying & Hallmarking Center Mark
Verify the gold’s testing and refining center’s logo.
4. Verify the HUID on the BIS website or app
Open the BIS website or install the BIS app, enter the HUID, and verify the hallmarked jewelry’s details.
Final Word
At Shree Ambica Touch, we provide the precious metal services of assaying and refining. As a leader in gold refining and gold assaying in Gujarat, we have been providing the precious metals services of gold and silver for more than five decades.
Whether you’re a gold jeweler looking for the purest gold for your gold jewelry making or you’re a gold investor looking to purchase bullion, gold coins, or gold bars, we provide you with the BIS-approved gold of the finest quality.
Contact us today to learn more!
