Gold Coins

India Proposes Monetizing Gold, Introducing Sovereign Gold Bond

India’s Finance Minister, Arun Jaitley, on Saturday proposed that India introduce a scheme to monetize gold and introduce a sovereign gold bond. The proposal came while presenting the Indian government’s full-year budget on Saturday in Parliament. Jaitley proposed that the government introduce a Gold Monetization Scheme, which included rolling out Indian gold coins and sovereign gold bonds, in an … Continue reading →