Archive · 22 Aug 2025
India to Offer Cheaper Gold Option with 9K Hallmarking
Gold prices have increased, making it difficult to afford.
The Indian government now allows jewelers to sell 9K gold.
9K gold is 37.5% gold and other metals, making it more affordable.
The government will hallmark it for approval.
It is more durable.
This helps buyers know they are getting what they pay for and is an alternative for people with limited budgets.
Jewelers are encouraged to offer this option.
Indian government introduces hallmarking for 9K gold due to rising gold prices.
9K gold contains 37.5% gold and other metals like copper, silver, or zinc.
24K gold costs about Rs 10,000 per gram, while 9K gold costs around Rs 3,700 per gram.
Hallmarking of 9K gold is part of the Bureau of Indian Standards (BIS) system.
9K gold is more durable and affordable, making it suitable for everyday wear.
- Who
- The Indian government and consumers.
- What
- The Indian government introduced hallmarking standards for 9K gold.
- When
- Recently, with the festive and wedding season approaching.
- Where
- India
- Why
- To provide a more affordable gold option.
Consumers
Jewelers
Price vs. Purity
Consumers
Affordability
Jewelers
Purity
- Gold Purity (24K)
- 99.9% gold
- Gold Purity (9K)
- 37.5% gold
- Cost of 24K gold
- Rs 10,000 per gram (approx.)
- Cost of 9K gold
- Rs 3,700 per gram (approx.)
- Other Metals in 9K gold
- Copper, silver, or zinc
