The Honourable Prime Minister of India, Shri Narendra Modi has launched the Indian Gold Coin and Indian Gold Bullion at 7 Race Course Road, New Delhi on 5 November 2015.
The coin and bullion will be of 24 karat purity, 999 fineness and will have the national emblem of Ashok Chakra engraved on one side and the face of Mahatma Gandhi on the other.
is the exclusive Japanese operator of Bullion Vault and is the first online-based gold and silver bullion trading platform provider in Japan, allowing retail investors to trade precious metal bullions in Japanese Yen at competitive trading costs.
Bullion Japan acts as the exclusive Japanese operator of Bullion Vault, a service owned by Galmarley Limited headquartered in the United Kingdom, and is majority-owned and operated by Dragoon Capital Inc.
BULLION traders have alleged harassment by government agencies and departments after the over Rs 4,000- crore hawala scam by Madhu Koda brought to light that the majority of their transactions take place in hard cash.
The traders have demanded simplification of regulations for promotion of the bullion trade, including allowing depositing any amount without limit and without additional charges, and moving towards as single tax regime across the country.
Additionally, in connection with the BV Bonds agreement, the Company and Bullion
Japan have entered into a Security Pledge Agreement, whereby the Company has security interests in twenty five percent (25%) of the common shares of Bullion
Japan, subject to anti-dilution provisions over the tenure of the BV Bonds.
Previously, those looking for ways to diversify their portfolios with a gold allocation might choose funds that invest in gold mining shares, which may not track gold bullion
very well, or commodity futures funds, which might have a more costly and complicated tax structure than traditional mutual funds.