Be aware of these guidelines before buying any gold

The inclusion of hallmarking in gold jewelry is now widely recognised. Customers are not the only ones who are confused by the change in hallmarking regulations, jewelers are as well. The rules have now been modified once more by the national government. 

The latest modification is the ban on sales of gold jewelry and artifacts without the “Hallmark Unique Identification Digit” (HUID) as of April 1. Moreover, only jewelry with the six-digit hallmark indication will be sold after that date. Jewelers are also facing problems due to this order of the government. 

What is HUID? 

According to Delhi Bullion and Jewelers Welfare Association President Vimal Goyal, the HUID is like the Aadhaar card for jewelry. Every piece of jewelry has a unique HUID number. The whole horoscope of that jewelry will open if you enter this number on the BIS app or website. It refers to the type of jewelry, how much it weighs, how many carats of gold it contains, when it was manufactured, and by whom. Customers will find it simpler as a result, and business operations will become more transparent.

The guarantee of the vintage hallmark jewellery held by the customers, according to traders, will stand. To promote openness, the government has worked to make the hallmarking system online.