Gold Monetization

The Gold Monetization Plan allows individuals to deposit their idle gold into banks, earning interest while banks use the gold to finance productive projects. It aims to reduce the physical holding of gold, enhance liquidity, and mobilize gold assets for economic growth, boosting investment and financial inclusion.

The Gold Monetization Plan offers several benefits by converting idle gold into productive financial assets. Depositors can earn interest on their gold deposits, enhancing liquidity and providing a return on previously unutilized assets. By mobilizing gold for investment, the scheme supports economic growth and development. Additionally, it reduces the need for physical gold storage, mitigating risks associated with holding gold. The plan also promotes financial inclusion, encouraging individuals to engage with the formal financial system and contributing to broader economic stability.