The World Gold Council and MMTC-PAMP India Pvt. Ltd. Have collectively launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to broaden a new generation of professional assayers.

The initiative is a international class training facility so as to set up assaying as an authorized qualification and profession in India, and could at once beautify the integrity of gold and the standardisation of first-rate practices within the treasured metals enterprise.

A certified assayer is a person who is proficiently skilled in verifying the purity of gold in ornaments, cash and bars and ought to adhere to excessive requirements of expert conduct. The method of assaying is vigorous, extraordinarily technical, and wishes adequate understanding. This is one of the most sought-after abilties inside the gold enterprise.

At gift, the enterprise norm is to ‘research at the job’ within an unorganised market. This means that maximum assayers are trained in a non-standardised manner, which is an issue of first-rate subject for the enterprise. As a result, the leading industry bodies have come together to shape the now not-for-earnings Institute, for you to convey one of the most vital abilities to the Indian gold industry.

PMATI is supported by all the leading exchange associations in India which include the India Bullion Jewellers Association (IBJA), Gem and Jewellery Promotion Export Council (GJEPC), Bullion Federation of India (BFI), All India Gem and Jewellery Council (GJC), Indian Association of Hallmarking Centres (IAHC) and Association of Gold Refineries and Mints (AGRM). The first intake for the certification direction starts in December 2018.