Planning to invest in gold monetisation scheme this Diwali? Here are 5 things to know

Bindisha Sarang|Nov 09, 2015, 17:32:42 IST

http://av.firstpost.com/2015/11/094644_revamp-gold-monitization-scheme-480p.mp4 Diwali, is an auspicious time to buy gold for many. Perfectly timed for the occasion, the government has introduced a gold monetization scheme. The larger objective behind the new scheme is to rein in the imports of the metal and also to fish out the huge hoards of it with the households. Under the scheme, an investor has to deposit gold with a bank. The scheme will earn you up to 2.5% interest. Watch the above video to know five key things about the scheme. And, if you are looking to buy gold, don't forget to click here.

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