00:26I think Retail Investors
00:37I think they should continue that.
00:40I always advise that you should always put 15 to 20% of your portfolio in gold and silver.
00:47So you can continue that.
00:57I still think that the gold prices can double in the next three years.
01:04The market has become certain, geopolitical tensions have become a long-term trend.
01:10Stay invested in a small amount of investment through digital alternatives,
01:15where we don't impact the import bill.
01:19Okay, so now there is a lot of investment.
01:22Just a little investment.
01:24SIP can be more useful.
01:27And gold is still so much.
01:30One last question I will ask you.
01:33There are two schemes that after the PM's appeal and after the import duty are increased.
01:38The gold monetization scheme,
01:40which the government had taken some time before,
01:42was not very popular at all.
01:44And the second one is EGRs.
01:46Electronic gold receipts.
01:47This is also a term used in this time.
01:50If you can do this,
01:52if you can do this.
01:54And the second one,
01:55is that you will stay focused on the schemes of this scheme,
01:59when the import duty is increased,
02:01or it is saying that you are going to buy a little back-off?
02:06The gold monetization scheme was introduced in 2015.
02:12And the government wanted to buy a little gold in the house.
02:21The gold monetization scheme was introduced in 2015.
02:24And the government wanted to buy a little gold in the house.
02:30So that scheme did not work.
02:33It was only 38 tons collected during a period of 2-3 years.
02:39Then the scheme was closed.
02:41Now,
02:41the jewelers are appealing,
02:43that they will revamp a scheme.
02:45Where,
02:46you know,
02:47if someone takes their old gold,
02:49in the form of jewelry,
02:51or coins, bars,
02:52whatever,
02:53in addition,
02:55they will be given digital tokens,
02:56or EGR,
02:58and they will be given returns,
02:59if 2-2.5%.
03:01So,
03:01this scheme will be very good.
03:03This is what everybody is appealing to PM now.
03:06So,
03:07let's see,
03:07that revamped GMS,
03:08or not.
03:09And,
03:10talking about EGR,
03:11those electronic gold receipts,
03:14they have a very near term,
03:17we have no permission to launch LSE.
03:21So,
03:21it is,
03:22that you have to convert your old gold in a digital format.
03:28And,
03:29you get a receipt out of it.
03:30So,
03:31in the future,
03:32you have to trade it,
03:35somewhere,
03:36somewhere,
03:37somewhere,
03:38somewhere,
03:38somewhere,
03:39you can always buy,
03:40whatever you have to do.
03:41You have to convert your old gold in a digital form.
03:44So,
03:45you can trade on it.
03:46So,
03:46that is what EGR is.
03:48So,
03:48I think,
03:48these two schemes,
03:49EGR would continue,
03:51which I think,
03:53that the future would continue to perform well.
03:57And,
03:58if you have to come to GMS,
03:59that is good for all of us.
04:02Okay.
04:02So,
04:02if you have to come to sleep,
04:05if you have to focus on it,
04:08then,
04:08the digital gold,
04:09and the schemes,
04:10they can be more useful in the physical gold comparison.
04:14And,
04:15although,
04:16there is a little pressure on the import bill,
04:18but,
04:19if it is long term,
04:20then,
04:20the pressure on the sun,
04:22will be converted into returns.
04:23It is in return.
04:24it will continue to convert it.
04:25Inesha,
04:26thank you so much today,
04:27for joining us today.
04:28And,
04:29if you have something in the gold market,
04:31we are talking about this detail.
04:32Thank you so much.
04:34That's my magic.
04:35You.
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