Ways to Invest in Gold
Gold Monetisation Scheme (GMS)
Deposit idle gold with banks and earn interest — medium/long-term deposits discontinued in 2025.
Rates as on 26 September 2026 · Updated 27 September 2026
Today’s 22K / 24K (Delhi)
₹14,095 / ₹14,800
per gram, excl. GSTOverview
Under GMS, individuals could deposit idle gold with banks and earn interest. The Government discontinued the medium-term (5–7 years) and long-term (12–15 years) government deposit components from 26 March 2025; the short-term bank deposit (1–3 years) may continue at the discretion of banks.
| Particular | Details |
|---|---|
| Short-term (1–3 yrs) | Bank deposit — continues at bank discretion |
| Medium / long-term | Discontinued from 26 March 2025 |
| Minimum | Raw gold equivalent to 10 g of 995 fineness |
Who should consider it
- Families with idle jewellery or bars
- Those comfortable with melting jewellery after purity testing
Frequently asked questions
Is GMS still available?
Only short-term bank deposits, where offered.
Gold rates are indicative market references (26 September 2026) and change during the day. Rules on tax, hallmarking and investment products can change — verify with official sources. FinancePortal does not sell gold.