India has made the decision to discontinue the medium- and long-term options of its gold monetisation scheme from March 26, 2025, in response to changing market conditions. Moving forward, only short-term deposits will be accepted, with a focus on commercial viability. The goal of this shift is to lessen financial commitments and manage risks associated with fluctuations in gold prices. Existing deposits will continue as scheduled until maturity. This change reflects the government’s proactive approach to adapting to economic changes and ensuring the sustainability of the gold monetisation scheme in India.
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India discontinues medium and long-term options in gold monetisation scheme to reduce risk; short-term deposits accepted.
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