Precious metals Current Affairs, GK & News

Google Pay partners with MMTC-PAMP to introduce buying and selling of Gold

Google Pay has partnered with Bullion refiner MMTC-PAMP India to initiate buying and selling of gold through the app to make Google Pay more useful for Indian customers. Through this pact, Google Pay users will be able to buy 99.99 per cent 24-karat gold for any value, which will be stored on behalf of the ..

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India 11th largest gold reserve with current holding pegged at 607 tonnes

As per the latest report by the World Gold Council (WGC), India has the 11th largest gold reserve with the current holding pegged at 607 tonnes. However, India is the world’s largest consumer of gold. The top slot is occupied by the U.S., which boasts of gold reserves of 8,133.5 tonnes, followed by Germany with ..

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Bhartiya Nirdeshak Dravya (BND-4201)

India Government Mint (IGM), a unit of Security Printing and Minting Corp of India Ltd has launched India’s first home-grown high purity gold reference standard –Bharatiya Nirdeshak Dravya (BND-4201). Launched by India Government Mint (IGM) in collaboration with Bhabha Atomic Research Centre (BARC) and CSIR-National Physical Laboratory (NPL), National Centre for Compositional Characterisation of Materials ..

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Quick Fact Sheet : Gold

1. Gold is a chemical element with the symbol Au (Latin: aurum) and atomic number 792. Gold has traditionally found use because of its good resistance to oxidative corrosion.3. It is attacked by aqua regia* (a mixture of acids), forming chloroauric acid and by alkaline solutions of cyanide but not by single acids.4. * Aqua ..

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