gold Indians’ passion for it is not hidden from anyone. According to a report by the World Gold Council, Indian families have about 25 thousand tonnes of gold. Its value has been estimated to be around Rs 200 lakh crore. Most families in India have some gold. In recent years, attraction towards gold has increased rapidly. The reason for this is the increase in people’s income and the rapid increase in the price of gold. However, the government brought the Sovereign Gold Bond Scheme to reduce the physical demand for gold. At the same time, many mutual fund houses are providing the option of investing in Gold ETFs. Many digital wallet companies are offering the option of investing in digital gold.
Despite this, the attraction towards gold jewelery is not decreasing. Import of gold is increasing every year to meet the domestic demand. Gold imports in November were worth $14.8 billion, which is 331 percent more than November last year. In such a situation, if you have gold at home, you can not only earn from it but can also get appreciation in its weight with time. Also, when you need money, you can also take a loan. Let us see how you can avail all these benefits.
MyGold is giving this option with the help of MMTC-PAMP
MyGold, the world’s first gold lease platform, brings excellent returns on gold investment and innovative loan facilities to people across the country. Founder and CEO of the company, Amol Bansal Told India TV that we have come up with a completely new option. In this, even the smallest people of the country can get returns on the gold lying at home. Whenever he wants, he can immediately take a loan against that gold. Not only this, you can also take advantage of the increase in gold prices. To enable the common people to trust us, we have partnered with SEBI approved gold vault managers and logistics partners, backed by MMTC-PAMP, insured vault storage and audited by Vistra, the world’s largest asset administrator, MyGold platform. Has been launched. This platform has been designed keeping in mind today’s needs. MyGold is an ideal option for those who want to save for goals like education, marriage or wealth creation on gold kept at home. We will give them tension free returns.
Bansal further explained that MyGold offers an innovative model that offers a guaranteed annual growth of 5% in gold weight on 24kt pure gold, allowing users to earn in terms of gold weight rather than monetary value. This unique model ensures compounded returns that significantly outperform traditional savings methods, such as bank deposits. Users can track their daily gold returns, track their holdings 24×7 and sell gold at prevailing prices without any lock-in period.
Gold Donation Scheme in association with Temple Connect
MyGold and temple digitization and community engagement company ‘Temple Connect’ have launched a gold donation initiative. The collaboration aims to rekindle the ancient heritage of India’s temples as economic and spiritual pillars by encouraging donations of gold starting at Rs 10. Under this partnership, a target has been set to connect 1,000 temples across India by the end of 2025. The Swarna Daan initiative aims to blend tradition and modern financial solutions, enabling temples to become centers of sustainable development and community empowerment. The initiative also increases devotee participation by making donation seamless and inclusive. Using the QR code or MyGold app, devotees can easily donate gold to the desired temple, starting from Rs 10.
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