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What are gold savings schemes?

Saturday, January 19, 2019, 6:28 PM

Gold savings scheme is a jewellery purchase scheme that allows individuals to deposit money for a certain-period of time each month. At the end of the term, the individual can use the corpus to buy gold like jewellery or gold coins/bars. These schemes are generally offered by jewelers, where you can buy jewellery with the total money deposited along with the bonus earned.

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