Gold Monetisation Scheme

Government Closes Gold Monetisation Chapter, Short-Term Gold Deposits Still in Action- Here Is Everything You Need To Know

The government of India has decided to close and discontinue the Gold Monetisation Scheme (GMS) from today. This action has been taken in view of the evolving market conditions, the finance ministry said. However, the ministry has clarified that banks will still continue to offer short-term gold deposit schemes, which...