Tag Archives: Gold monetization scheme

How gold monetization scheme is beneficial to the bankers

I have written about the benefits of this scheme to the citizens. This article is about the benefits / utilization of gold. As mentioned in my article “How does Gold monetization scheme work? Is it really useful?“, the banker issues gold certificate against collecting physical gold. This gold should find …

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How does Gold monetization scheme work? Is it really useful?

  Government of India has released the draft guidelines for its ambitious gold monetization scheme. Today’s headlines in the media said “Earn interest on your jewellery”. Interesting to hear this news, isn’t it? What if you could park jewellery sitting idle at home in a bank and earn interest on …

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