IBMRD's Journal of Management & Research

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Indians consider the yellow metal as an object of luxury believed to be worthy for only gods and rulers. The metal is a symbol of wealth, supremacy, beauty, and cream of the crop and holds immense religious magnitude in Indian culture, gold is conventionally considered a good inflation hedge and during times of inflation the price is likely to rise. Gold investment is important in India. The Gold Monetization Scheme, as introduced by the government of India, aims to monetize gold so that it earns interest. The objective was to mobilize gold held by households and institutions in the country and put them to productive use. This paper elaborates a study of gold trends in India vs. China.

Keywords

Gold Trends, Gold Monetization Scheme, Inflation, Mobilize.
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