700 kg gold coins target - MMTC Ltd

MMTC Ltd has chosen the upcoming festive season to sell a huge 700 kg coins. People have shown interest in buying these gold coins since the gold prices have been appreciating to an extend of 25 percent since the new year. The news from the leading analyst is that the price of the gold will remain constant.

MMTC Ltd is a state run firm which has stepped in the production of the national coin at the government mint located in Mumbai. Onam festival has brought good sale of gold coins. MMTC Ltd is looking forward for Diwali, as a good demand for gold coins may arise during this period.

MMTC Ltd sells this national gold coin with a BIS Hallmark. The gold coin has the engraving of Ashoka Chakra on one side and face of Mahatma Gandhiji on the other side. MMTC Ltd has be concentrating on creating a stock of these gold coins keep in mind, the demand which would arise on few days before the festival.

5 gram and 10 gram are the currently available coins. Indian gold bar of 20 gram is also available. The counterfeit security features and tamper-proof packaging are the key highlights of the gold coins which would bring peace of mind among the general public.

This article was posted on 17-Sep-2016.

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International Gold Prices

Metal USD SGD INR GBP EUR Updated On
Gold 1,282.35 / 1oz 1,785.29 / 1oz 85,764.08 / 1oz 1,024.98 / 1oz 1,025.50 / 1oz January 22, 2018