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  2. Sovereign Gold Bond - Wikipedia

    en.wikipedia.org/wiki/Sovereign_Gold_Bond

    Sovereign Gold Bond, abbreviated as SGB, is a government security issued by the Reserve Bank of India (RBI) on behalf of the Government of India. It is denominated in grams of gold and is linked to the price of gold in India. It is also an interest-bearing bonds, carrying an interest of 2.5% p.a. paid in two installments in a year. [1] [2]

  3. File:Gold Spot Price per Gram from Jan 1971 to Jan 2012.svg

    en.wikipedia.org/wiki/File:Gold_Spot_Price_per...

    English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.

  4. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    For example, if one owns a share in a gold mine where the costs of production are US$300 per troy ounce ($9.6 per gram) and the price of gold is $600 per troy ounce ($19/g), the mine's profit margin will be $300. A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in ...

  5. Mohur - Wikipedia

    en.wikipedia.org/wiki/Mohur

    The mohur coin was first introduced by Sher Shah Suri during his rule in India between 1540 and 1545 and was then a gold coin weighing 169 grains (10.95 grams). He also introduced copper coins called dam and silver coins called rupiya that weighed 178 grains (11.53 grams). [3]

  6. Gold bar - Wikipedia

    en.wikipedia.org/wiki/Gold_bar

    The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb). The minimum purity required is 99.5% gold.

  7. Hatti Gold Mines - Wikipedia

    en.wikipedia.org/wiki/Hatti_Gold_Mines

    In addition to the ancient mining in mentioned above, there was further mining in the area between 1890 and 1920 when the price of gold was about Rs. 18 for 10 grams (Rs 20.97 per tola). The biggest of these ventures was at Hutti where, from 1902 to 1919, nearly 7,400 kg of gold were obtained from very rich ore, at an average yield of 19 g/tonne.

  8. The Gold (Control) Act, 1968 - Wikipedia

    en.wikipedia.org/wiki/The_Gold_(Control)_Act,_1968

    The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.

  9. Indian units of measurement - Wikipedia

    en.wikipedia.org/wiki/Indian_units_of_measurement

    When the British first began trading in India, ... The Dam was a copper coin used as a weight as well as currency. 1 Dam = 20 grams 4. Gold and Expensive Spices ...

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