INDIA GOLD COIN

Prime Minister Narendra Modi launched Indias first Gold Coin bearing the national emblem-
the Ashok Chakra on one side and Mahatma Gandhis image engraved on the other side, as a part
of a broader push to make people deposit gold with the government.
The coins will initially available in denominations of 5 and 10 grams. A 20 gram bar or
bullion will also be available. About 15,000 coins of 5 gm, 20,000 coins of 10 gm and 3,750 gold
bullions will be made available through MMTC outlets.
The Indian Gold coin is unique in many aspects and will carry advanced anti-counterfeit
features and tamper proof packaging that will aid easy recycling.
These coins will be distributed through designated and recognised MMTC outlets.

Gold coins

-The coins will be available in denominations of 5 and 10 grams. A 20

gram bar or bullion will also be available. About 15,000 coins of 5 gm,
20,000 coins of 10 gm and 3,750 gold bullions will be made available
through MMTC outlets.

-The Indian Gold coin is unique in many aspects and will carry
advanced anti-counterfeit features and tamper proof packaging that will
aid easy recycling.

-These coins will be distributed through designated and recognized

MMTC outlets.
 - The first ever national gold coin of India

COIN FEATURES

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 MMTC outlets.
#1. India Gold Coin and Bullion scheme

The coin will be the first ever national gold coin minted in India and will have
the National Emblem of Ashok Chakra engraved on one side andMahatma Gandhi on
the other side.
Initially, the coins will be available in denominations of 5 and 10 grams.
The Indian Gold coin is unique in many aspects and will carry advanced anti-
counterfeit features and tamper proof packaging that will aid easy recycling.
#2. Gold Monetisation Scheme (GMS), 2015

Scheme allows you to earn some regular interest on your gold and save you carrying
costs as well.
It replaced the existing Gold Deposit Scheme, 1999.
It offers option to resident Indians to deposit their precious metal and earn an
interest of up to 2.5 per cent.
 Who can make deposits?

Resident Indians (individuals, HUF, trusts, including mutual funds/exchange traded

funds registered under Sebi norms) can make deposits under the scheme.
No maximum limit for deposit under the scheme and the metal will be accepted at
theCollection and Purity Testing Centres (CPTC) certified by theBureau of Indian
Standards.
Scheme No 1 India Gold Coins

For the first time in its independent history, India has minted a gold coin as part of the Gold
Monetisation program. The 24 Karat pure gold coin features Indias national emblem the Ashoka
Chakra on the front side and the face of Mahatma Gandhi on the rear side. The coin is available
in 3 denominations and is being minted in limited quantities initially and more may be
manufactured in the coming months depending on consumer demand.

Pricing of Indian Gold Coins

5 gm Indian Gold Coin Total Quantity: 15,000 coins Price Rs 14,600

10 gm Indian Gold Coin Total Quantity: 20,000 coins Price Rs 28,900

20 gm Indian Gold Coin Total Quantity: Unavailable Price Rs 57,600

Gold Bullion (Bars) Total Quantity: 3750 Price Not Yet Available

Note : Prices are exclusive of VAT which is charged in many states at 1% of the total value of
your purchase.

Features of Indian Gold Coins by MMTC

It is made of 24 Karat Gold.

It is made in India as per BIS Standards by Metals and Minerals Trading Corporation of
India (MMTC) which is a public sector company.
 It has Tamper-proof packaging which ensures it cannot be duplicated and can be easily
sold when you require money urgently.

Picture of India Gold Coin is given below, this is a sample image only and is not to be scaled.

o should you purchase this coin from the MMTC outlets in your city ?

The current price of gold on 5th November is Rs 26,250 for 10 gms of gold. The gold coin is
priced at a rate which is 10% higher than the prevailing market rate. However because of the
limited quantity and hype surrounding the scheme, it is expected to fetch more value as time
passes. Its price is expected to rise over the years as Indians have an insatiable demand for gold ,
so it is a good investment and might fetch a hefty premium decades from now provided it is
minted in limited quantities.
Where can you purchase Indian Gold Coins ?

India gold coins are currently available only at MMTC outlets across the country.

The cities where these outlets are based is given below :

Ahmedabad

Barbil

Bellary

Bengaluru

Bhubaneswar

Chennai

Goa
 Hospet

Hyderabad

Jaipur

Kolkata

Ludhiana

Mumbai

New Delhi

Puri

Visakhapatnam

If you are located in Mumbai, Raipur or Mysore you might not be able to purchase these coins.
Also the ability to book or purchase Indian Gold Coins online has not yet been made available,
so you will have to visit a store and purchase it physically. The addresses of different stores
spread across the country is available on the following
website. http://www.indiangoldcoin.com/en/

Gold coins

-The coins will be available in denominations of 5 and 10 grams. A 20 gram bar or bullion will
also be available. About 15,000 coins of 5 gm, 20,000 coins of 10 gm and 3,750 gold bullions
will be made available through MMTC outlets.

-The Indian Gold coin is unique in many aspects and will carry advanced anti-counterfeit
features and tamper proof packaging that will aid easy recycling.

-These coins will be distributed through designated and recognised MMTC outlets.
GOLD COINS

India will soon have its own gold coin, with the Ashoka Chakra minted on it.

The Govt Proposes to mint gold coins with the Ashoka Charka which will help to recycle gold
internally in India. Jaitley said that the Indian consumers depend on foreign gold coins to meet
their needswhich results in Indian cash landing up in external markets. Hence, by producing its
own, the countrys imports are curbed, there by reducing the countrys Current Account
Deficit.

Once introduced, these moves will ensure orderly recycling and enhance transparency, as it has
the potential to translate gold savings into economic investments well as help in more effective
bookkeeping of the same,

This will also pump up the business of refining gold.

In order to ensure that the schemes are a success, the Govt has to look at some key issues :-

Hence, the above schemes are aimed at outlining objectives for the industry that address the
savings habit underpinning gold demand, support value addition, increase employment
opportunities and benefit the industry in an organized way without curbing supply or impacting
the current account deficit.

India Gold Coin and Bullion scheme

 The coin will be the first ever national gold coin minted in India and will have
the National Emblem of Ashok Chakra engraved on one side andMahatma Gandhi on
the other side.
Initially, the coins will be available in denominations of 5 and 10 grams.
The Indian Gold coin is unique in many aspects and will carry advanced anti-
counterfeit features and tamper proof packaging that will aid easy recycling.

Scheme No 1 India Gold Coins

For the first time in its independent history, India has minted a gold coin as part of the
Gold Monetisation program. The 24 Karat pure gold coin features Indias national
emblem the Ashoka Chakra on the front side and the face of Mahatma Gandhi on the
rear side. The coin is available in 3 denominations and is being minted in limited
quantities initially and more may be manufactured in the coming months depending on
consumer demand.

Pricing of Indian Gold Coins

5 gm Indian Gold Coin Total Quantity: 15,000 coins Price Rs 14,600

10 gm Indian Gold Coin Total Quantity: 20,000 coins Price Rs 28,900

20 gm Indian Gold Coin Total Quantity: Unavailable Price Rs 57,600

Gold Bullion (Bars) Total Quantity: 3750 Price Not Yet Available

Note : Prices are exclusive of VAT which is charged in many states at 1% of the total
value of your purchase.

Features of Indian Gold Coins by MMTC

It is made of 24 Karat Gold.

It is made in India as per BIS Standards by Metals and Minerals Trading

Corporation of India (MMTC) which is a public sector company.
 It has Tamper-proof packaging which ensures it cannot be duplicated and can be
easily sold when you require money urgently.

Picture of India Gold Coin is given below, this is a sample image only and is not to be
scaled.

So should you purchase this coin from the MMTC outlets in your city ?

The current price of gold on 5th November is Rs 26,250 for 10 gms of gold. The gold
coin is priced at a rate which is 10% higher than the prevailing market rate. However
because of the limited quantity and hype surrounding the scheme, it is expected to fetch
more value as time passes. Its price is expected to rise over the years as Indians have
an insatiable demand for gold , so it is a good investment and might fetch a hefty
premium decades from now provided it is minted in limited quantities.
Where can you purchase Indian Gold Coins ?

India gold coins are currently available only at MMTC outlets across the country.

The cities where these outlets are based is given below :

Ahmedabad

Barbil

Bellary

Bengaluru

Bhubaneswar

Chennai

Goa

Hospet

Hyderabad
 Jaipur

Kolkata

Ludhiana

Mumbai

New Delhi

Puri

Visakhapatnam

If you are located in Mumbai, Raipur or Mysore you might not be able to purchase these
coins. Also the ability to book or purchase Indian Gold Coins online has not yet been
made available, so you will have to visit a store and purchase it physically. The
addresses of different stores spread across the country is available on the following
website. http://www.indiangoldcoin.com/en/