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Hallmarking for silver jewellery and artefacts will enter HUID regime from September 1, 2025

From September 1, 2025, BIS will mandate HUID-based hallmarking for silver jewellery and artefacts, replacing the old purity mark system, with the transition period ending August 31, 2025.

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The Bureau of Indian Standards (BIS) has announced that hallmarking for silver jewellery and artefacts will enter the Hallmark Unique Identification (HUID) regime – instead of the old purity marks – starting from September 1, 2025. HUID-based hallmarking of silver had been introduced by the BIS from August 1, 2025 on a voluntary basis. Now, while hallmarking itself still remains voluntary, the marking system has been officially changed. Marking as per the old system (four marks) for silver articles will be allowed until August 31, 2025.

Until recently, silver hallmarking remained a voluntary practice. However, at the 78th BIS Foundation Day in New Delhi this January, Minister for New and Renewable Energy, Consumer Affairs, Food and Public Distribution, Pralhad Joshi, urged the Bureau of Indian Standards (BIS) to expedite the process of making it mandatory. The move was driven by feedback from both consumers and industry stakeholders seeking greater regulation in the silver segment.

The decision to bring silver into the HUID regime was shaped by inputs from both consumers and industry stakeholders. Many consumers had reported uncertainty in assessing the authenticity of silver articles, while retailers and manufacturers acknowledged the need for more robust verification mechanisms to maintain market credibility.

The decision to bring silver into the HUID regime was shaped by inputs from both consumers and industry stakeholders. Many consumers had reported uncertainty in assessing the authenticity of silver articles, while retailers and manufacturers acknowledged the need for more robust verification mechanisms to maintain market credibility.

While the adoption of the HUID-based hallmarking system for silver is a welcome move for traceability and consumer assurance, industry voices have highlighted the practical difficulties of hallmarking large and heavy silver items, including furniture, decorative swings (jhoolas), large trays, and other substantial artefacts.

Such pieces often have intricate designs, uneven surfaces, or multiple joined sections, making it challenging to apply the hallmark in a visible, durable, and aesthetically acceptable manner. The physical size and weight of these items can also pose logistical issues for transporting them to and from hallmarking centres, especially in the case of one-of-a-kind pieces or custom commissions.

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JB Insights

India’s ₹361 Lakh Crore Gold Reserve Lies Idle; PM Modi Calls For Recycling To Cut Imports

With An Estimated 32,000 Tonnes Of Gold Sitting Unused In Homes and Temples, The Government Sees A Massive Opportunity To Reduce Imports, Strengthen The Economy, and Build A More Sustainable Gold Ecosystem.

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India is sitting on one of the world’s largest untapped gold reserves, with 30,000–32,000 tonnes of gold held by households and temple trusts across the country. Valued at nearly $3.8 trillion (around Rs. 361 lakh crore), much of this gold remains locked away in cupboards, lockers, and vaults, generating little economic value.

Highlighting the importance of this dormant asset, Prime Minister Narendra Modi recently encouraged citizens to consider recycling idle gold rather than relying solely on newly imported supplies. The initiative aims to bring existing gold back into circulation and make better use of resources already available within the country.

The appeal comes at a time when India continues to depend heavily on imported gold to meet domestic demand. During 2025-26, the country spent approximately $72.4 billion (Rs. 6.88 lakh crore) on gold imports, making the precious metal one of the largest contributors to the import bill.

According to experts, increasing gold recycling could deliver significant economic benefits. Every gram of recycled gold reduces the need for an equivalent amount of imports, helping ease pressure on foreign exchange reserves while also supporting efforts to narrow the country’s current account deficit.

Even a small shift could have a substantial impact. Industry estimates suggest that if just 1% of the gold held by households and temples is recycled each year, India’s gold imports could decline by approximately 25% to 30%.

The vast stockpile of idle gold is rooted in India’s longstanding cultural and financial relationship with the metal. For generations, gold has served as a store of wealth, a safeguard during emergencies, and a symbol of family security and prosperity. As a result, many families continue to hold jewellery that is rarely used but seldom sold.

Viewed from a broader perspective, the government sees this dormant gold stock as a valuable domestic resource. Bringing a greater share of it into the formal economy could help reduce dependence on imports, enhance economic stability, and create a more sustainable gold supply chain for the future.

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