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Wednesday, November 11, 2015

Gold Coin Scheme introduced by Modi Government

                                           Gold Coin / Bullion Scheme introduced by Modi Government



The Central Government on 5th November 2015 unveilded 3 gold schemes to monetise the gold in the country. The Gold Coin / Bullion scheme is one of them. The gold  coin will be the first ever national gold coin minted in India and will have the National Emblem of Ashok Chakra engraved on one side and Mahatma Gandhi on the other side .
The coin will be 24 carat purity and Hallmarked. Initially, the coins will be available in denominations of 5 and 10 grams. A 20 gram bullion will also be available. Initially, 15,000 coins of 5gm, 20,000 coins of 10 gm and 3,750 of bullions of 20 gm will be made available through MMTC outlets. The Indian Gold coin & bullion is unique in many aspects and will carry advanced anti-counterfeit features and tamper proof packaging.

As this is the first gold coin being minted in India those who want to use Indian products can purchase it and others can also invest based on their investment needs.

Rate as on date is (excluding VAT and other taxes)

5 gms           Rs.14376/-
10 gms         Rs.28465/-
20 gms         Rs.56713/-




To know the list of outlets to purchase the gold coins, kindly click link below:

http://www.indiangoldcoin.com/en/igc-en-3-2/

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