Yes you heard it right. The central Government wants to sell ten grams of gold at just Rs 20000. The Government has found out that half of the offences recorded were pertaining to gold as the thieves have found it as a easy way to earn money.
One chain will get theme easily a lakh of rupees and that is the minimum. To avoid the thefts and offences the Government is planning to introduce less crat gold that is 9 carat gold. The ladies can wear it as a gold and no one will know that it is just 9 carat gold.
9 carat gold will be in the market for just 20000 rupees. This will be as good as the 22 carat gold which is used for the ornaments. This is easy to purchase and you may not loose much of money with this 9 carat gold.
If it becomes a reality you can buy lots of gold of 9 carat. There is a lot of hungama going about this gold of Rs 20000 per tola.. The 18 carat gold is already in circulation and no one is giving the pure 22 carat.
It could be 18 carat also for that matter.
