Thursday, October 11, 2012
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Indian Real Estate News
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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 | | | |
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