Decoding Gold: Hallmark, KDM, and 916 Explained
Introduction:
Gold purity is a paramount concern for Indian buyers. Thanks to the Bureau of Indian Standards (BIS), the introduction of hallmarking has instilled confidence among purchasers. Opting for hallmarked gold not only guarantees purity but also boosts resale value.
This article focuses on three essential terms: BIS Hallmark Gold, KDM Gold, and 916 Gold, frequently encountered when buying gold. Understanding these terms will guide you in making informed decisions about gold purity and quality.
What is Hallmark Gold?
Hallmarking is the certification process for the purity and fineness of gold. A BIS hallmark on jewelry or coins signifies compliance with BIS standards, giving assurance of purity. For instance, hallmarked 18K gold jewelry indicates that 18 out of 24 parts are pure gold, with the remainder being alloy.
The Bureau of Indian Standards, India’s National Standards Body, regulates the hallmarking of gold and silver under the BIS Act. When purchasing gold, look for these four components in the hallmark seal's laser engraving:
- BIS Hallmark: Confirms purity verified in a BIS licensed lab.
- Purity in Karat and fineness (for given Karatage KT): 22K916 (91.6% Purity), 18K750 (75% Purity), 14K585 (58.5% Purity).
- Mark of the Assaying & Hallmarking Centre.
- Jeweler's unique identification mark.
Understanding Gold Hallmarking
Note: Previously optional, hallmarking became mandatory from 15th January 2021 for retailers selling 14K, 18K, and 22K gold items.
What is KDM Gold?
KDM gold refers to a gold alloy containing 92% gold and 8% cadmium. This combination was initially used for achieving high purity standards but has been banned due to health hazards posed to artisans by cadmium. It has now been replaced with safer metals like Zinc.
What does '916 Gold' mean?
'916 Gold' is another name for 22K gold, denoting that in 100 grams of gold, 91.6 grams are pure gold.
Note: Gold is classified by purity such as 24K, 23K, and 18K. If it's hallmarked, 'BIS' is prefixed; for instance, 22K gold is termed 'BIS 916' and 23K as 'BIS 958'. The numbers, e.g., 916 or 958, are part of the hallmark seal.
Understanding hallmark gold, KDM gold, and 916 gold helps buyers make smarter choices when purchasing jewelry or coins. With BIS hallmarking ensuring purity and quality, buyers can be more assured of their gold investments.