India's first national gold coin launched: 5 features India's first national gold coin launched: 5 features
Initially, the coins will be available in denominations of 5 and 10 grams. A 20 grams bar/bullion will also be available.
BusinessToday.In - New Delhi,
- Updated Nov 05, 2015, 3:35 PM IST
(This picture is for representation purpose only. Photo: Reuters)
India's first ever national gold coin is engraved with the emblem of Ashok Chakra on one side and the face of Mahatma Gandhi on the other side. The coin is part of gold monetisation program.
Initially, the coins will be available in denominations of 5 and 10 grams. A 20 grams bar/bullion will also be available.
The Indian gold coin is unique in many respects. Here are its features:
- Minted in India.
- Purity: The Indian gold coin will be of 24 karat purity and 999 fineness.
- Hallmarked: All coins will be hallmarked as per the BIS standards.
- Security: The tamperproof packaging and advanced anti-counterfeit features on the coin cover make s it very safe and easily recyclable.
- Availability: This coin will distributed through designated & recognised state-owned Metals and Minerals Trading Corporation of India (MMTC) outlets.
Published on: Nov 05, 2015, 3:19 PM IST