Comments
Come the festival of Akshaya Tritiya on May 13, gold lovers can buy the yellow metal at a 7 per cent discount across 970 post offices in India.
The special offer on gold coins comes from the World Gold Council (WGC) and India Post, in partnership with Reliance Money.
The three partners will offer consumers a price reduction of 7 per cent on daily retail prices for the purchase of gold coins from India Post offices on the occasion. Consumers can purchase 99.9 per cent pure, Swiss-manufactured gold coins in denominations of one to 50 gm from the post offices until June 30, said Somasundaram PR, Managing Director, India, WGC, on Thursday.
“Our partnership with India Post and their vast network of outlets, allows us to make pure 24 carat gold accessible to a range of consumers across the country,” he said.
Coupled with the recent drop in price of gold, this additional discount to the daily price of 7 per cent, means that we are offering consumers an attractive opportunity to buy gold, he said.
Kalpana Tewari, Chief General Manager, Business Development, India Post, said the gold coins would bear the logo of India Post.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.