Markets rallied Wednesday as investors were optimistic that a deal would be reached to avert the so called fiscal cliff.
NEW DELHI(BullionStreet): My Gold Plan, jointly launched by India's Reliance Money Precious Metal and World Gold Council has attracted over 2000 approved distributors so far.
According to Reliance Money Precious Metal ( RMPM), the Plan is targeting enrolling over 10,000 jewellers and distributors across the country for its recently-launched My Gold Plan.
Targeting the huge unorganized gold markets in India, the world's largest gold consumer, RMPM said it will aggressively increase distribution and fulfilment reach across India within the current financial year.
Recently, Reliance Money launched My Gold Plan whereby customer can invest a minimum of Rs 1,000 per month which would be used for buying gold and customer can redeem the same for 24 karat pure gold coins or jewellery at the end of scheme.
NEW DELHI(BullionStreet): My Gold Plan, jointly launched by India's Reliance Money Precious Metal and World Gold Council has attracted over 2000 approved distributors so far.
According to Reliance Money Precious Metal ( RMPM), the Plan is targeting enrolling over 10,000 jewellers and distributors across the country for its recently-launched My Gold Plan.
Targeting the huge unorganized gold markets in India, the world's largest gold consumer, RMPM said it will aggressively increase distribution and fulfilment reach across India within the current financial year.
Recently, Reliance Money launched My Gold Plan whereby customer can invest a minimum of Rs 1,000 per month which would be used for buying gold and customer can redeem the same for 24 karat pure gold coins or jewellery at the end of scheme.
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This may be the case in the short term but frankly the long term out look for gold doesn't appear to me to care what happens with the cliff. It's just noise. The train is running at full speed and the brakes are burned out. All this stuff they are attempting to do at this point is little more than a piece of caution plastic strip stretched across the tracks.