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The Economic Times

Economy / The Economic Times

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As gold hallmarking charges rise, fraudsters get busy too

Gold hallmarking charges have risen significantly, causing concern among industry stakeholders regarding potential fraud. Awareness of the Hallmark Unique Identification number remains low across various cities in India. The All-India Gem and Jewellery Domestic Council has highlighted the challenges jewelers face due to increased costs and processing times. They are advocating for a return to previous hallmarking rates to alleviate financial burdens.

1 Oct 2026 12:43 am