NEW DELHI Jan 4 (Reuters) – India has made
hallmarking gold jewellery for quality control mandatory, a
senior government minister said.
India is the world’s biggest consumer of gold but quality is
sometimes a problem, especially with small jewellers and
customers face problems during redemption.
Gold imports by India plunged 56 percent to 125 tonnes in
the fourth quarter, cutting full-year imports by 8.4 percent as
record high prices and high interest rates hit demand.
(Reporting by Nigam Prusty; Editing by Krittivas Mukherjee)
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