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Gold monetisation scheme: What's closed, what's not

Summary by NEWS9 LIVE
Kolkata: From March 26, 2025 the government has discontinued the medium-term and long-term deposits of the Gold Monetisation Scheme, which was introduced less than 10 years ago with the purpose of bringing down the import bill of gold. The chief reason for terminating these two deposits was the continuous rise of the prices of gold. However, the short-term deposits will continue to be offered though these will be at the discretion of the banks. …
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www.dn.no broke the news in on Monday, March 31, 2025.
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