Gold traders fac­ing in­spec­tions in Dubai

The Pak Banker - - Front Page -


Mu­nic­i­pal­ity in­spec­tors are now con­duct­ing ran­dom checks on gold and jew­ellery shops to ver­ify their weigh­ing de­vices as part of their move to pro­tect con­sumers.

Al­though a cri­te­ria for gold shops' tools and equip­ment has been in place for at least a decade now, in­spec­tors are now ap­prov­ing or re­ject­ing the de­vices to en­sure that they are up to stan­dard. A yel­low la­bel will be put on the ma­chines that com­ply with the tech­ni­cal spec­i­fi­ca­tions ap­proved by Dubai Cen­tral Lab­o­ra­tory (DCL).

A red la­bel will be put on the re­jected ma­chines un­til they are re­paired and ver­i­fied, and all la­bels are made of ir­re­mov­able pa­per in or­der to pre­vent fraud and de­ceit.

"The author­ity will is­sue ver­i­fi­ca­tion signs and seals bear­ing the lo­gos of both par­ties, which shall be fixed on the mea­sur­ing in­stru­ments ac­cord­ing to tech­ni­cal reg­u­la­tions and pro­ce­dures. Gold traders should know the re­quired spec­i­fi­ca­tions of mea­sur­ing equip­ments," said Fareed Is­maeel, head of stan­dards sec­tion at Dubai Mu­nic­i­pal­ity.

"The le­gal cal­i­bra­tion will ef­fec­tively con­trib­ute to the pro­tec­tion of both con­sumers and traders and help in the growth and pro­tec­tion of the na­tional econ­omy," he ex­plained. Al­though the weigh­ing de­vice is pri­mar­ily used for gold jew­ellery, it has a set of fea­tures that can pro­gramme it to weigh all types of spe­cial stones ex­cept di­a­monds.

Ac­cord­ing to of­fi­cials, DCL will start is­su­ing ver­i­fi­ca­tion cer­tifi­cates in line with the tech­ni­cal reg­u­la­tions and pro­ce­dures ap­proved by them as per the agree­ment signed be­tween Dubai Mu­nic­i­pal­ity and DCL, in co­op­er­a­tion with Emi­rates Author­ity for Stan­dard­iza­tion and Metrol­ogy. Hawa Bas­taki, Di­rec­tor of DCL said the agree­ment was made to en­sure the ac­cu­racy of mea­sur­ing in­stru­ments, in ac­cor­dance with the manda­tory re­quire­ments, as well as to achieve the nec­es­sary con­sumer pro­tec­tion sup­port­ing the na­tional econ­omy. Hawa stressed that this phase is the first of many, as the author­ity is set to ad­dress all au­tho­rised mea­sur­ing in­stru­ments in the near fu­ture, in­clud­ing med­i­cal de­vices, taxi me­ters, fuel me­ters, pre-pack­aged con­tain­ers and vol­u­met­ric gas me­ters.

"As the Mu­nic­i­pal­ity deals with a large seg­ment of so­ci­ety, it has the in­fra­struc­ture, qual­i­fied staff and lab­o­ra­to­ries - win­ning in­ter­na­tional ac­cred­i­ta­tion in a num­ber of metro­log­i­cal ar­eas," she said.

Jew­ellery shops yes­ter­day also wel­comed the move of Dubai Mu­nic­i­pal­ity to stan­dard­ise weigh­ing de­vices as it pro­vides a far de­tailed and ac­cu­rate mea­sure of gold and pre­cious stones.

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