Silver buying fraud India: If you are planning to buy silver, then this news is very important for you. A recent survey has revealed that in the last five years, more than 30 percent of customers have become victims of fraud or fraud while buying silver. This figure shows the lack of transparency in the market and emphasizes the need for consumers to be cautious.

Increasing cases of fraud in silver purchase

According to the survey, almost 3 out of every 10 people faced some kind of fraud while buying silver. This includes selling goods using adulterated metal, wrong weight or giving wrong information. This situation shows that customers need to be more aware while shopping.

Hallmarking got widespread support

93 percent of the people surveyed supported making hallmarking of silver mandatory. Hallmarking is a process in which the purity of the metal is officially confirmed. This makes it easier for customers to differentiate between real and fake silver and reduces the chances of fraud.

Government’s big step: Digital Hallmarking

The government has implemented the hallmarking system for silver jewelery and accessories from September 1, 2025. It is linked to a digital identification system, through which the purity and information of each product can be easily tracked. This step is considered an important improvement in the interest of consumers.

Complete information will be available from BIS Care app

Customers can now check complete details of purchased silver items through BIS Care mobile app. This includes information like type of article, purity, date of hallmark, testing center and jeweler’s registration number. This will increase transparency in purchasing.

Caution is the best protection

It is clear from this survey that it is very important to be cautious while buying silver. Always buy from a certified jeweler, take the bill and check the hallmark. A little caution can save you from big fraud and keep your hard-earned money safe.

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