Gold hallmarking fee hike leads to rise in fraudulent certification

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The Economic Times reports a surge in fraudulent gold hallmarking following a recent government-mandated fee increase for the certification process. Unscrupulous actors are now creating and selling counterfeit hallmarking certificates to jewellers seeking to avoid the higher official charges. This undermines the system intended to guarantee the purity of gold jewellery for consumers. Authorities are investigating these incidents to curb the illegal practice.

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