Latest 22K gold rates today: Purchasing hallmarked jewellery provides a third-party assurance of the purity of gold for the quoted price

22K gold rates today: Check gold jewellery rates of Malabar Gold, Joyalukkas, Kalyan Jewellers, Tanishq Let's examine the prices of 22 karat gold of a few famous jewellery brands in India as of November 20, 2024

When purchasing gold, knowing the purity of the jewellery helps you make informed decisions, regardless of whether you are a jewellery buyer, seeking financial support through gold loans, or investing. So, purchasing hallmarked jewellery provides a third-party assurance of the purity of gold for the quoted price.

#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}

What is Hallmarking?

Hallmarking is the accurate determination and official recording of the proportionate content of precious metal in articles made from that metal. Hallmarks are, thus, official marks used in India as a guarantee of purity or fineness of precious metal articles.
Apart from attesting to the purity of the gold, hallmarks can also contain details about the manufacturer, the year of hallmarking, and the hallmarking center's location. These extra details increase the authenticity and traceability of gold items.

Latest gold loan interest rates, processing fee charged by top 24 banks

The hallmark is valid for the entire lifetime of the hallmarked jewellery.

GrowfastAI and Generative AI for Finance
Finance
AI and Generative AI for Finance
By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays
Marketing & Sales Strategies for Startups: From Concept to Conversion
Marketing
Marketing & Sales Strategies for Startups: From Concept to Conversion
By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Tabnine AI Masterclass: Optimize Your Coding Efficiency
Artificial Intelligence(AI)
Tabnine AI Masterclass: Optimize Your Coding Efficiency
By - Metla Sudha Sekhar, IT Specialist and Developer
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By - Metla Sudha Sekhar, IT Specialist and Developer
Master in Python Language Quickly Using the ChatGPT Open AI
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, IT Specialist and Developer
Digital marketing - Wordpress Website Development
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Intermediate C++ Skills: Master Pointers, Structures and File Stream
Web Development
Intermediate C++ Skills: Master Pointers, Structures and File Stream
By - Metla Sudha Sekhar, IT Specialist and Developer
Modern Marketing Masterclass by Seth Godin
Marketing
Modern Marketing Masterclass by Seth Godin
By - Seth Godin, Former dot com Business Executive and Best Selling Author
Advanced Java Mastery: Object-Oriented Programming Techniques
Web Development
Advanced Java Mastery: Object-Oriented Programming Techniques
By - Metla Sudha Sekhar, IT Specialist and Developer
MySQL for Beginners: Learn Data Science and Analytics Skills
Data Science
MySQL for Beginners: Learn Data Science and Analytics Skills
By - Metla Sudha Sekhar, IT Specialist and Developer
Advanced C++ Mastery: OOPs and Template Techniques
Web Development
Advanced C++ Mastery: OOPs and Template Techniques
By - Metla Sudha Sekhar, IT Specialist and Developer
Java Programming with ChatGPT: Learn using Generative AI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Vastu Shastra Course
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
Django & PostgreSQL Mastery: Build Professional Web Applications
Web Development
Django & PostgreSQL Mastery: Build Professional Web Applications
By - Metla Sudha Sekhar, IT Specialist and Developer
A2Z Of Money
Finance
A2Z Of Money
By - elearnmarkets, Financial Education by StockEdge
A2Z Of Finance: Finance Beginner Course
Finance
A2Z Of Finance: Finance Beginner Course
By - elearnmarkets, Financial Education by StockEdge
SQL Server Bootcamp 2024: Transform from Beginner to Pro
Data Science
SQL Server Bootcamp 2024: Transform from Beginner to Pro
By - Metla Sudha Sekhar, IT Specialist and Developer
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Intermediate Java Mastery: Method, Collections, and Beyond
Web Development
Intermediate Java Mastery: Method, Collections, and Beyond
By - Metla Sudha Sekhar, IT Specialist and Developer
Let's examine the prices of 22 karat gold of a few famous jewellery brands in India as of November 20, 2024 (1.25 PM IST). Note that these rates exclude GST and making charges.

Check gold jewellery rates of Malabar Gold, Joyalukkas, Kalyan Jewellers, Tanishq


Kalyan Jewellers
Kalyan Jewellers' latest price for 22K gold jewellery is Rs 7,115 as on November 20, 2024.

Tanishq
Tanishq Jewellers' latest price for 22K gold jewellery is Rs 7,145 as on November 20, 2024.

Malabar Gold
Malabar Gold Jewellers latest price for 22K gold jewellery is Rs 7,115 as on November 20, 2024.

Joyallukas
Joyallukas Jewellers' latest price for 22K gold jewellery is Rs 7,115 as on November 20, 2024.

Important FAQs to note, according to the website of the Bureau of Indian Standards.

What should one look for in a jewellery shop?
The registered jeweller shall display a BIS logo with “Hallmarked jewellery available for sale” outside the sales outlet. A certificate of registration issued by BIS shall be displayed by the gold jeweller in the jewellery shop. The jeweller shall have a magnifying glass of minimum 10X magnification to show the hallmark to the customer in the hallmarked jewellery. He/she may also display the relation of fineness with caratage.

What are the benefits of purchasing hallmarked jewellery for customers?
Hallmarking of jewellery provides third party assurance (in this case from a government-owned organisation ie. BIS) that the customer is getting the right purity of gold/silver for the given price (value for money).

What does the hallmark on gold jewellery consist of?

Since the introduction of Hallmark Unique Identification (HUID) on July 1, 2021, a hallmark consists of 3 components : BIS logo, purity of the article in caratage and fineness and six-digit alphanumeric HUID number.

What is HUID in hallmarked gold jewellery?

HUID is a Hallmark Unique Identification number and is one of the components of a hallmark. It is a six-digit alphanumeric number which is unique for each hallmarked item and is traceable. The customer can also verify the HUID number on the BIS Care App using the ‘Verify HUID’ feature.

Are the hallmarking charges dependent on the weight of the jewellery?
No, hallmarking charges are paid per article irrespective of its weight.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances