To cash in on Dhanteras buying spree, the government on Monday rolled out the sixth tranche of sovereign gold bonds
The sovereign gold bond scheme was launched in November 2015 with an objective to reduce the demand for physical gold
The bonds, which will be sold through banks and designated post offices, would be issued on 26 November.
The gold monetization scheme notified last month on the other hand is messy, involving as it does melting of one’s jewelry which causes deep hurt to women folk.
Finance minister announces gold monetisation scheme and a sovereign gold bond apart from steps to boost recycling of the metal.