Summary:
India is the world`s largest gold importer.
Large quantities of gold are sourced from abroad to meet the demand of the jewelry industry.
India annually imports around 800-900 tonnes of gold.
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Gold and silver prices in Jamshedpur`s Sarafa market have changed compared to yesterday.
Today, the price of 24-carat gold is Rs 49,550.0 per 10 grams, while the price of 22-carat gold is Rs 45,421.0 per 10 grams.
Gold fell by Rs 140.0 today compared to yesterday.
The price of silver in the bullion market is Rs 72,730.0 per kg.
The price of the white metal was Rs 74,020.0 yesterday.
Pay special attention to Hallmark when purchasing jewelry.
Hallmarking guarantees that the goods sold by the shopkeeper to the customer are of the same carat, which Jinta has written on the jewelry.
Hallmarking is done under the Bureau of Indian Standards Act.
Hallmarking is the precise determination and official record of the proportional content of that metal in precious metal materials.
Hallmarking protects buyers by helping them identify real counterfeit gold.