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Gold sitting idle at home? Here's how it could earn you an income and what to watch out for - The Economic Times
Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning rent. While government schemes provide a regulated framework, private platforms operate with fewer protections. Investors must weigh potential returns against significant risks like counterparty default and lack of insurance, making due diligence crucial before leasing.
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economictimes.indiatimes.com
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Gold sitting idle at home? Here's how it could earn you an income and what to watch out for - The Economic Times
Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning…
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Jewellers may be louped in for idle gold mobilisation
The government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount of household gold. This initiative…
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India has got a $5 trillion sleeping giant: Can govt wake it up?
India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit…