Various government boards in London that supervises jewellery Business

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.The jewellery business across the globe is not only a popular business but also a lucrative one. Thousands of people buy various kinds of jewellery items every year generating huge profits for these businesses. The jewellery industry  engagement ring London is enormous and involves the mining of precious metals, their processing and hallmarking. However, very often we have witnessed these industries fall prey to frauds and scams.   People have managed to cheat the trusting customers causing a huge dent in the reputation.  They are running the jewellery business honestly. These instances make it necessary to have a governing body for the jewellery business so that the stakeholders associated with it can conduct business in the right way. It will also create a  fearless environment to do a jewellery business in London.

Various Boards and Councils that Supervise Jewellery Business In London

There are various boards and councils that supervise the jewellery business in London. They are not only present to protect the dealers and customers from frauds and scams.  They also to ensure that they carry out their business adhering to certain principles which is beneficial for them.  It will also beneficial to their customers.  In this way it will result in the strengthening of customer trust and loyalty.  Listed below are some of the bodies governing the jewellery trade in London.

Responsible Jewellery Council:

One of the world’s largest council that regulates not just the jewellery industry but also the watch industry.  The Responsible Jewellery Council sets standards which ensure the trust of the customers. They strongly believe that carrying out business responsibly is the only way to do good business and grow exponentially. The members strive to maintain the standards set by this body in order to ensure a fair business and to increase customer satisfaction. When you are buying engagement ring London is a must visit place which has streets lined with diamond jewellery companies associated with this body.

National Association of Jewellers:

Established in 2015, the National Association of Jewellers was the result of a merger. The merger done between the British Jewellers Association and The National Association of Goldsmiths. This body also promotes customer confidence by enforcing a strict code of conduct for every individual associated with the jewellery business. This encourages ethical trade practices and professionalism in the members of this body. If you are looking to buy original jewellery items, then make sure to purchase them from a business which is a member of this body such as the Hatton Garden Jewellers London.

Natural Diamond Council:

The advancement of technology has led to an increase in the number of fake diamonds in the market. The Natural Diamond Council ensures that only original diamonds are sold by its members.  They are bound by their standards to communicate their inherent value and authenticity. They make sure that the diamond has ethically according to the environmental standards and provide accurate information regarding the diamond in your jewellery.

The Goldsmiths’ Company:

The Goldsmiths’ is one the oldest companies responsible for maintaining the integrity and standard of the gold and silver trade. They work to promote the precious metal and jewellery trade not just by ensuring the quality of the jewellery items. It will  also ensuring the welfare of the people associated with it. They play a crucial role in inspecting precious metals and hallmarking them.

Buy  Engagement Ring London from Trusted Sources

The essence of the work of the World Gold Council is closely linked to the local gold trade and partnership with the gold industry. This varies according to the different needs and stages of development and progress that countries can survive. In addition, it is closely linked to the forms of gold consumed in the form of jewelery, precious metals, coins and dentistry, which are sold or consumed in any composition. Buying jewellery from trusted sources who are member of one or more of the above mentioned bodies.  In this way, it will ensure that you are buying authentic jewellery.

People have managed to cheat the trusting customers causing a huge dent in the reputation.  They are running the jewellery business honestly. These instances make it necessary to have a governing body for the jewellery business so that the stakeholders associated with it can conduct business in the right way

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