SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian cabinet may approve a law leading to compulsory hallmarking of gold jewellery

04 Jan 2012 Evaluate

It has been reported that the Indian cabinet will approve amendment to a law leading to compulsory hallmarking of gold jewellery in the world's largest consumer of the precious metal. However, the amendment needs to be ratified by parliament before it becomes law. Currently, hallmarking of gold jewelry is optional for retailers.

Hallmark on gold jewellery gives credibility to the purity of gold. It tells the percentage of purity, among other things. Jewellery accounts for 80% of gold sales, much of it handmade and fashioned in small workshops. These traditional handcrafted pieces, with their many joints and alloys used for soldering, leave room for dubious claims on caratage.

In India, Bureau of Indian Standards (BIS) is the accreditation agency which certifies and hallmarks gold jewellery and other precious metals. A hallmark consists of carat, stamp of BIS, year of mark and jeweller’s identification mark.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: