India Post to offer gold coins through post offices

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Wed, Oct 15, 2008
Gold Market News
Post by Melissa Pistilli, Gold Senior Reporter

Commodity Online reports Indian Postal department announced plans to offer 24 carat gold coins through selected post offices in four states.

In the first phase, gold coins in the denomination of half gram, one gram, 5 grams and 8 grams will be sold in over 100 post offices in Delhi, Tamil Nadu, Maharashtra and Gujarat

The gold coins will be packed in a sealed cover with the certification from Valcambi, Switzerland India Post said. In the second phase of the project the gold coins will be sold with the India Post logo.

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  • Chikotay888

    It failed for a long time already

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