Anil Dhirubhai Ambani-owned Reliance Money Infrastructure Ltd. (RMIL) on Monday said it had sold 1,000 kg gold coins till November and aims to double sales by March-end.
“The one-tonne gold coins sales landmark, valued at over Rs.200 crore, in less than nine months is a testimony to the trust and confidence our customers have bestowed in us and our offerings,'' RMIL Director Vikrant Gugnani said in a statement here. The company plans to double the gold coin sales from the current 1,000 kg by the end of the current financial year.
With the yellow metal gaining popularity as a preferred asset class among investors, the company has sold over 500 kg of gold coins during the festive season between October and November alone.
Published - December 27, 2010 10:09 pm IST
