National News
Hallmarking Federation of India Updates on silver hallmarking
From September 1, 2025, HUID hallmarking will be enforced for silver jewellery, replacing the old four-logo system, though hallmarking will remain voluntary. BIS-registered jewellers can request HUID hallmarking online or through hallmarking centres, with charges fixed at ₹35 per piece. Articles below 4g remain exempt, and only six fineness levels—from 800 to 990—are permitted, in line with international standards.
Hallmarking Federation of India provided updates on silver hallmarking. Given below are the latest updates
- Presently silver hallmarking is voluntary, and not mandatory, for manufacturers and retailers and there is no change in the voluntary hallmarking status even after 1 Sep 2025
- Presently HUID hallmarking is done only for gold jewellery articles and for silver, presently it is old 4 logo hallmarking
- From 1 Sep 2025, HUID hallmarking is enforced for silver articles also, that is to say no more old logo hallmarking for silver jewellery, instead AHCs shall be doing HUID hallmarking on silver articles also. Even after 1 Sep 2025, old hallmarked silver articles can be sold in the shops
- At silver jewellery shops having BIS registration for silver, for getting their silver hallmarking in HUID, they have to submit a hallmarking request online to the BIS portal. First, visit the BIS website, go to the hallmarking dashboard, select your nearest silver hallmarking centre and upload the details of the silver articles to be hallmarked. After HUID hallmarking is completed, the AHC will be issuing a delivery voucher along with hallmarked jewellery
- Another option for the jeweler is to go to the HM centre and the HM centre will upload jewellery details to the BIS portal for generating the HM request on behalf of the jeweler.
- Presently all silver jewellery articles below 4 gm weight need not be hallmarked. That is to say as and when mandatory hallmarking is introduced, all silver jewellery below 4 gm weight are exempted from the purview of mandatory hallmarking
- The BIS prescribed hallmarking charges is Rs 35 per piece. As per BIS guidelines, the hallmarking charge of Rs 35/piece shall be mentioned in the sales invoice of the seller, and can be collected separately from the buyer.
- Presently silver hallmarking is permitted in 6 fineness of 800, 835,900, 925, 970 & 990. Many trade associations have demanded lower purities of 700 etc for silver hallmarking, but the technical committee has rejected it citing that internationally 800 is the lowest purity permitted for silver and the Indian standards have to be aligned with international standards.
National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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