Page 34 - Bullion World Issue 11 March 2022_Neat
P. 34
Bullion World | Issue 11 | March 2022
Gold Reference fineness (CARAT Gold) including
high pure Gold.
Standard BND: 4201 Following the IGMM’s endeavour,
many peer companies got
motivated to develop precious
metal CRMs. In a long run, the
General Information: quality system of India as a nation
The Development of ‘Indian Gold whole will be strengthened which is
Standard’ is the first initiative of this a win-win situation for all.
kind under the ‘MAKE IN INDIA’
scheme to develop Gold Reference What are the new developments
Standard i.e. Bharatiya Nirdeshak SPMCIL is nodding in to get into
Dravya (BND); Gold Certified the mainstream (especially for
Reference Standard of 9999 the gold/silver industry)?
fineness. SPMCIL is launching souvenir
coins in silver and gold for different
The Gold Reference Standard occasions. A gold and silver coin on
has been produced by India the theme “550th Prakash Utsav of
Government Mint with Research Sri Guru Nanak Dev” Mahalakshmi
and Development collaboration with Poojan is highly appreciated by the
Bhabha Atomic Research Centre customers.
(BARC) and CSIR-National Physical
Mr VNR Nayudu, IOFS
Chief General Manager Laboratory (NPL). Similarly, SPMCIL is also launching
such products with different
India Government Mint Mumbai
Intended Use: themes. Colour coins are also
Gold Reference Standard is being planned by SPMCIL as a new
indispensable in Gold and product category same shall be
jewellery hallmarking and has available in the market very soon
assumed greater importance in the after successful trials.
Government’s Gold Monetization
Scheme. This Gold Standard will With Azadi Ka Amrit Mahotsav
come in handy to certify the purity there will be new launches of
of gold deposits under the Gold themed coins?
Monetization Scheme. A currency coins in denomination
Re 1, Rs 2, R. 5, Rs. 10 to Rs. 20
This Reference Gold is primarily on theme Azadi Ka Amrit Mahostav
intended to be used as a are under proposal with Ministry of
reference standard for i) Analytical Finance, Government of India.
procedures of cupellation by
fire assay method; ii) Reference What are the upcoming plans of
Standard of gold for calibration of IGM?
instruments, iii) Analysis of gold a) Making availability of IGMM
content in gold bullion, carat gold products especially in category
and gold artefacts. of gold and silver to larger
customer base through
After the success of the first Gold e-marketing tie-up.
BND (CRM), under the demand b) Developing the new Certified
of industry of different precious Reference Material in carat
metal business associations, IGMM gold.
(A unit of SPMCIL) jointly with c) Augmenting the gold refining
CSIR, NPL is in the process of facility with state-of-the-art
manufacturing BNDs of different technology.
34
