India is the 2nd largest consumer of gold in the world. Here is a look at how much gold is owned by whom- from private households to temples to the government- across different regions of India.
These are government securities with denominations in grams of gold. They are an ideal way of investing in gold without holding it in physical form. The investors have to pay the issue price of securities in cash, and at maturity, the bonds are also redeemed as cash.
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of gold today