 "MMTC to auction 12 tonnes of gold from GMS in next 10 days")
Government-owned MMTC, the country’s largest international trading company, will hold the first auction under the Gold Monetisation Scheme (GMS) of the central government in the next 10 days.
The Government of India has mobilised about 21 tonnes of gold under the scheme. Of this, 12 tonnes is aimed to be sold through auction in the next three to six months, said a senior official of MMTC.
“We have completed the documentation with the department of expenditure to initiate the process. The notification for the auction is expected in a day or two and the auction will be held
The Government of India has mobilised about 21 tonnes of gold under the scheme. Of this, 12 tonnes is aimed to be sold through auction in the next three to six months, said a senior official of MMTC.
“We have completed the documentation with the department of expenditure to initiate the process. The notification for the auction is expected in a day or two and the auction will be held
