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Thursday, October 11, 2012

Certification on purity of Gold

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BIS - Beuro of Indian standards

 

Beuro of Indian standers is the only agency in India to determine the purity of the Gold. BIS hallmarking is voluntary in nature. BIS hall marking scheme has been aligned with the International criteria on hallmarking (Vienna convention1972). As per this scheme License is granted to the jewelers by the BIS under hallmarking scheme. BIS certified jewelers can get their jewelery hallmarked from any of the BIS recognized assaying and standardized center. BIS Hallmark logo consists of:

 

1) BIS mark,

2) the fineness number,

3)assaying and hallmarking center mark,

4) jewelery identification mark,

5)year of marking denoted by a code letter decided by the BIS.

 

24 carat

99.99% fine

100% pure

22 carat

91.60% fine

22 part gold+2part other metal

21 carat

87.50% fine

21 part gold + 3parts metal

10 carat

41.60% fine

10 part gold+14 part metal

One troy ounce

120 carat

One ounce

31.1034768 gm

One sovereign

8 gm

18 carat

75% fine

18 part gold + 6 part other metal

Happy Investing!!

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