Silver is considered cheaper than gold. For example ... The purity grade of fine silver is either 999.9, 999.5 or just 999. For silver alloys, jewellery and artefacts, the purity grade is 970 ...
India is world’s second biggest consumer of gold, after China. Bulk of the gold requirement is met through imports and domestic bullion recycled locally. So apart from international prices ...
Hallmarking is the accurate determination and recording of the content of precious metals in metals like gold, platinum and silver. Thus, hallmarked metals are guarantee of metals being pure and fine.