Gold Jewellery Archives - BW Retail World

India’s Gold Demand Falls 7% In April-June Quarter Due To High Prices

India’s gold demand in April-June 2023 quarter dropped by 7 per cent to 158.1 tonnes, attributable to high gold prices which significantly impacted affordability and consumer sentiment, said World Gold Council in a report on Tuesday. In comparison, in the same quarter the previous year, the demand for yellow metal was 170.7 tonnes. Coming to […]

Fashion & Lifestyle News

Gold Jewellery, Artifacts With Six-digit Alphanumeric Number As Hallmark Can Be Sold From April 1: Govt

by BW Retail World Bureau
March 4, 2023

Any gold jewellery and artifacts having only a four-digit number Hallmark Unique Identification (HUID) number as a hallmark cannot be sold from 31 March, the Ministry of Consumer Affairs has announced. From 1 April, only those gold jewellery and artifacts with a six-digit alphanumeric number as a hallmark can be sold, Nidhi Khare, additional secretary, […]