National+Gem+and+Jewellery+Authority+warns+public+regarding+purchasing+Gold.
Thursday, 26 December 2013 - 15:20
National Gem and Jewellery Authority warns public regarding purchasing Gold.
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The National Gem and Jewellery Authority warned the general public to be extra vigilant when buying gold and gem-studded jewellery in the local market, due to rapid decrease of the price of gold.

Consultant of the Jewellery Assaying Laboratory, S.C. Edirisinghe said that there is a growing tendency on the part of jewellers to degrade the gold content in jewellery with the intention of making a huge profit.
 
He added that the Gem Authority had been informed of several incidents where items that are said to be of pure gold were found to be made of gold that had been mixed with other metals.
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