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Gold, Silver, Platinum News Today | The HinduBusinessLine

China, India keep net inflows in gold ETFs positive so far this year Why gold, silver prices slipped today — What’s driving the fall in bullion? Silver price falls to ₹2,44,159/kg Gold falls on oil-driven inflation fears; US-Iran developments in focus Organised gold recycling can curb imports, boost economic stability: Muthoot Exim CEO Gold rises as oil weakens after US extends ceasefire with Iran Gold slips 0.7% as brent holds near $95 on US–Iran uncertainty Gold worth $700 billion lying idle can fund India's growth: Nilesh Shah Gold, Silver range-bound; crude surges on Hormuz fears Gold falls as investors await clarity on US-Iran talks, dollar edges up Gold steady as investors await clarity on US-Iran talks Gold falls on inflation fears, firmer dollar amid renewed US-Iran tensions Akshaya Tritiya witnessed buoyant sales across gems & jewellery despite high gold prices Silver futures fall ₹5,175 to ₹2,51,967/kg Gold falls over 1% as dollar firms, oil surge amid Iran tensions fuels inflation fears Exchange drives up to half of jewellery sales as Indians rotate gold to keep buying Akshaya Tritiya 2026: Gold, silver trade seen topping ₹20,000 cr despite record prices and decline in volumes Akshaya Tritiya sees shift to digital gold, ETFs amid high prices India needs a UPI moment for gold Govt allows 15 banks to import gold, silver until March 2029 Elevated prices curb gold demand ahead of Akshaya Tritiya Jefferies says gold enters consolidation phase after retail-driven frenzy buying this year Banks halt gold, silver imports amid delay in government clearance Gold holds steady, eyes fourth weekly gain on US-Iran peace deal hopes Why gold, silver are rising on weak dollar & geopolitical tensions? Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Gold gains on softer dollar as US-Iran peace deal hopes rise Gold surge lifts ETFs, jewellery stocks remain mixed Gold shines online, value buying dominates offline ahead of Akshaya Tritiya
BIS studying implementation challenges for mandatory silv...
By PTI · 2026-06-04 · via Gold, Silver, Platinum News Today | The HinduBusinessLine

The Bureau of Indian Standards (BIS) is examining the regulatory framework and infrastructure readiness required to make hallmarking of silver jewellery and artefacts mandatory, Director General Sanjay Garg said on Thursday.

Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity.

"Silver hallmarking is far more complex than gold, not in terms of process but the kind of market it has," Garg told PTI on the sidelines of a Ficci event here.

Unlike gold, silver jewellery and artefacts are sold across both small and large stores, and the category even extends to silver furniture, he noted.

"We are studying the implementation process," he said.

According to Garg, the entire hallmarking operation within BIS is run by just five people, with the rest of the workforce either private or outsourced.

"Operating hallmarking centres with the help of private players and building trust is a Herculean task," he said.

Despite significant progress in voluntary silver hallmarking, BIS is proceeding cautiously.

"We are going intentionally a bit slow as we don't want to make mistakes. We want to set the systems right before making it mandatory," Garg said.

"We will do mandatory silver hallmarking gradually," he added.

The number of silver jewellery articles hallmarked has increased to 59 lakh in the 2025-26 fiscal from over 32 lakh articles in 2024-25, as per official data.

Presently, there are around 230 Assaying and Hallmarking Centres (AHCs) recognised by BIS for testing of silver jewellery. SHM

Published on June 4, 2026