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MMTC-PAMP recognised as India’s Most Trusted Brand at The Brand Story Indian Brand and Leadership Conclave & Awards, 2024

MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery Gold & Silver refinery has been awarded the ‘Most Trusted Brand of the Nation’ at the The Brand Story Indian...

Bridal Jewellery Trends – What's Hot This Season?

The global pandemic slowed down the wedding business during the first half of last year, but we saw couples rush to tie the knot once the country resumed normalcy towards the year’s end – a time also touted to be the wedding season. Given the current state of the country, we may once again see the pattern repeat in 2021.

Why it is Important for Entrepreneurs to Invest in a safe asset like Digital Gold

Every Indian entrepreneur has, at least once, faced the question ‘Are you sure about this?’ from a concerned elderly family member. Trading cushy salaried jobs to follow the entrepreneurial...

5 Reasons Why MMTC- PAMP Buyback Program Gives You the Right Value of Your Gold

Second to China, India has the biggest collective repository of gold, with Indians owning a mammoth 26,000 tons of gold worth $1000 billion. Gold is viewed not just as a symbol of legacy that’s passed on from generation to generation but is also trusted as a stable and resilient investment option.

Is Digital Gold a Safe Investment to Create Long-Term Wealth?

India loves its gold, whether through the lens of investment or as a symbol of legacy. India also currently has a sizable majority of the world’s millennial populace. The conjunction of these two important factors – somewhat like a marriage between the traditional investment mantras and the adoption of a technology-driven lifestyle – has given digital gold a favorable arena to grow.

MMTC-PAMP response to MMTC closure news

MMTC-PAMP is a joint venture between MKS-PAMP group of Switzerland (https://www.mkspamp.com) and MMTC Limited. Please be aware that MMTC is a minority shareholder in our company and we are...

What Do the Markings on Gold Tell You About Its Purity?

Title
What Do the Markings on Gold Tell You About Its Purity?
Image
MMTC PAMP Gold Markings
Description

The 24-Karat hallmark specifies the number of pieces of gold alloyed on a range of 24. This shows that 24 of all the 24 elements are gold, making it the finest type of gold obtainable. The purest form of gold is soft, and if worn consistently, it will wear and tear. The purest form of gold is a brilliant yellow.
 
The most common marking on any ornament is the 18k mark. This signifies that your adornment is made of 75% gold. This is often imprinted with the number 750. This is the most frequent purity level offered.
 
14k gold is also stamped as 583 since it contains 58.3 percent gold. Even if there is less gold in the jewelry, it is still precious and comfortable to wear. This purity of gold contains a greater percentage of silver.
 
The 10k marking indicates that the ornament is 41.7 percent gold, also marked 417. This is the purest kind of gold that may be lawfully sold.
 
HGE marking: This indicates that your ornament is gold-plated and the most cost-effective jewelry type. It also indicates that the jewelry will fade with time. To halt the process of discoloration, the creators combine many layers of various metals.
 
A coating of gold is applied to a base metal to form the GE marking. Because the gold layer is thicker than the gold plate, it contains more gold. The marks appear to be 1/20 12k GF. However, the jewelry will ultimately wear out.

Back Response to RAID article “LBMA Should Suspend Gold Refiner MMTC-PAMP

We note RAID’s article of 9 July 2020 “LBMA Should Suspend Gold Refiner MMTC-PAMP” 
https://www.raid-uk.org/blog/lbma-should-suspend-gold-refiner-mmtc-pamp and the related references, including the “Submission under the LBMA’s Incident Review of PAMP/MMTC PAMP” https://www.raiduk.org/sites/default/files/raid_analysis_of_synergy_assessment_north_mara_gold_mine_update.pdf,  which raise concerns relating to MMTC-PAMP’s assessment of North Mara Gold Mine (NMGM) which was conducted by Synergy Global Consulting (Synergy). This submission is an initial response to the points raised. Read More


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