The government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...

The Indian government has officially denied circulating rumors about plans to issue gold bonds to temples or to monetize temple gold holdin...

India's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...

Malabar Gold & Diamonds proposed enhancements to the Gold Monetisation Scheme to boost public participation and mobilize idle gold. The com...

Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...

The gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mo...

India denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...

The All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...

The Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...

Mobilising most of the idle gold from Indian households will help the country reduce dependence on import of gold and address the issue of ...

"During FY2020, (the) bank mobilised gold amounting to 3,973 kgs, bringing the cumulative mobilisation to 13,212 kgs," said SBI in the repo...

Launched in November 2015, the scheme intends to mobilise idle gold held by households and institutions so that the wealth can be put to pr...

So far, government has launched seven tranches of Sovereign Gold Bonds in last about one year.

In the earlier gold deposit scheme, the government mint took 180 days to settle their refining account but with 0.5% interest payout at tha...

"It is safer and economically more stable to go under both these schemes," Finance Minister Arun Jaitley said after the Cabinet meeting.

The new forward gold contracts will complement the government's proposed Gold Monetisation Scheme (GMS) and 'Make in India' programme.

The current gold deposit scheme, launched in 1999, is beyond the reach of most households as it mandates a minimum deposit of 500 grams.