Gold Seized Seized with Fake Hallmarks

By John Jeffay / March 13, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Gold sovereigns with fake hallmarks have been seized in Kochi, in the south-west Indian state of Kerala.Officials from the Bureau of Indian Standards (BIS) said the 118 gold coins, weighing 948 grams, were worth over $58,000.They were being sold without hallmarking and with spurious use of the hallmark, the BIS said, and were seized form Thiru-Kochi Gold and Diamonds, Elamkunnapuzha, near Vypeen.The BIS is urging traders and customers to check the hallmark, which comprises its logo, purity in carat and fineness, and a unique six-digit identity number.Misuse of the BIS hallmark carries a maximum to two-year jail term.

Recent News

Major new entrants to large cap TSXV gold stocks

April 13, 2026 / www.canadianminingreport.com

Gold stocks rebound for third week

April 13, 2026 / www.canadianminingreport.com

Base metals outperform over past month

April 06, 2026 / www.canadianminingreport.com

Gold stocks rise for second week

April 06, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok