Indians are buying gold for as little as one rupee - HostGuest

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Tuesday, December 18, 2018

Indians are buying gold for as little as one rupee

Demand for gold is falling, forcing jewellers to get creative. Buyers get physical delivery of the metal once they have paid enough for one gram of gold, currently about Rs 3,200. The low barrier of entry, compared to the traditional market, and faster transactions, which can be done on a phone in about 40 seconds, are the biggest lures for the product.

from Times of India https://ift.tt/2ECSic7

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