Currently, transaction in paper gold is available in the form of exchange-traded fund
In this Samvat, investors earned 20.4 per cent from gold. The last year in which returns from gold were as good, was Samvat 2067 and 2068, though 2072 was not bad either
The exchange is envisaged as connecting all stakeholders - jewellers, bullion dealers, gold refineries and consumers
The Polish Central bank bought 95 tonnes of the metal that month, China 10 tonnes.
Institute also recommends that the exchange should be regulated by Sebi
Calling for a spot gold exchange in India for efficient price discovery of the precious metal