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The Economic Times
The Economic Times
Suchitra Mandal

Gold sitting idle at home? Here's how it could earn you an income and what to watch out for

For generations, Indians have bought gold primarily for two purposes: as jewellery and as a store of wealth.

However, once purchased, that gold often remains locked away in bank lockers or home safes for years without generating any returns.

Gold leasing seeks to change that.

While the government-backed Gold Monetisation Scheme (GMS) offers a regulated framework with specific tax benefits, many newer private gold-leasing platforms operate outside a formal regulatory regime.

That difference can have significant implications for investor protection.

What is gold leasing and how does it work?

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