Volume : V, Issue : XI, November - 2015

GOLD INVESTMENT SCHEMES IN INDIA 2015�2016

Nanthiga Vr

Abstract :

 India is being one of the largest consumers of gold, next to China. Gold is sensitively attached with the Indians and they prefer buying gold in the form of jewellery. The Central Government has planned to commence two schemes in November, 2015 i.e., Gold Monetization scheme and Gold Bond scheme to reduce the requirements of gold through imports. The less volatile nature of gold attracts the Indian consumers to choose gold as the best investment option. Nearly, 16,000 tonnes of gold are idle with Indian households, temples etc which is not being traded or monetised in the form of jewellery. The accomplishment of economically stable gold investment schemes can ing changes in our economy

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Nanthiga VR / GOLD INVESTMENT SCHEMES IN INDIA 2015�2016 / Indian Journal of Applied Research, Vol.6, Issue : 11 November 2016

Number of Downloads : 557

References :

<p><p><pre></pre></p></p>