Mysuru/Mysore: As per Government of India’s decision, jewellery retailers in every nook and corner of India will have to compulsorily sell only hallmarked gold in the market from January 1, 2021. Hallmarking came into effect in the country about 20 years ago. Since then, Malabar Gold and Diamonds has been selling only hallmarked jewellery.
Old gold in the hands of customers irrespective of from which jewellery they bought them and either it is hallmarked or not can be sold or exchanged in Malabar Gold & Diamonds showrooms. Old gold ornaments valued by modern carat analyser can be sold or exchanged based on every day price of the gold at Malabar Gold & Diamonds showrooms.
