Govt floats idea of country's first gold exchange
"This is just an idea... can we think of a gold exchange where there can be transparent trading. A platform where those who have surplus gold can sell it to those in requirement," Shaktikanta Das, Secretary Department of Economic Affairs Ministry of Finance said.
Mumbai Last Updated: December 1, 2015 | 17:18 IST
While the maiden sovereign bond scheme has been a success, the demand for paper gold coming in at Rs 246 crore, the monetisation scheme has been a big flop with only under 500 grams worth of jewellery being monetised.