9 Karat Gold: 9 Karat Gold is introduced in India

News and Media
guduvanchey
Chennai, TN

Description


 The number of gold buyers in India is increasing day by day. The demand for gold has increased by 1.5% this year 2024. India's gold demand is expected to touch 750 tonnes by 2025. The Bureau of Indian Standards (BIS) has mandated hallmarking of six gold categories by 2022: 14KT, 18KT, 20KT, 22KT, 23KT and 24KT. As people in India are more interested in buying gold, they are going to allow 9 Karat Gold with a hallmark stamp to encourage easy buying of gold. This 9 Karat Gold decision follows a final round of consultations with all major organizations representing gold jewelery traders. An official order is expected to be issued in a few months. From now on, buyers of 9 Karat gold products will be issued an instant purity certificate. Currently 14 Karat gold is dominating the gold market and 9 Karat Gold is expected to find good support among affordable gold consumers.

Reviews


To write a review, you must login first.

Similar Items


genericbucketpharma

Digital help

Kofluence Tech Private Ltd,

Maverick Digital Marketing Agency

Location


Manager