Silver Purchase Concerns in India: Hallmarking Support Soars
By Sivam31% of Indian consumers feel cheated buying silver, survey reveals. 93% support mandatory hallmarking for quality assurance. Key findings before Akshay Tritiya.
A recent survey has brought to light consumer concerns regarding the purchase of silver in India. The findings reveal that 31% of Indian consumers feel they have been cheated when buying silver products.
The survey also highlighted strong support for measures ensuring the quality of silver, with 93% of respondents backing the mandatory hallmarking of silver items. Hallmarking is seen as a way to guarantee the purity and quality of silver products, addressing the concerns of those who feel vulnerable to deception in the market.
These findings come ahead of Akshay Tritiya 2026, a day considered auspicious for buying gold and silver. The survey underscores the need for greater consumer protection and quality assurance in the silver market, particularly during peak buying seasons.