Wednesday, August 29, 2007

R-Money to introduce one-gram gold coins

R-Money, the Anil Ambani group’s retail brokerage arm, will introduce gold coins in smaller denominations of half gram and one gram in the market. The market is currently dominated by 5-gm and 8-gm coins.

R-Money CEO Sudip Bandyopadhyay told Business Standard that the company had placed orders with the Swiss refiner, Valcambi, for 2.5 tonnes of gold coins....

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