With this, retail investors can now buy coins in the futures market and store it in a vault of his choice before taking delivery
In India, the rise in gold prices as well as the depreciation in the rupee value has pushed its prices to new highs
The metal has gained nearly 2% so far this week, on track for a second consecutive weekly gain
Gold futures up on spot market demand
As investors awaited policy meetings from the US Fed and the BoJ next week while markets in top buyer China were shut for a holiday
The yellow metal for delivery in October gained Rs 50, or 0.16 per cent, to Rs 31,088 per 10 grams in 332 lots