MUMBAI (Commodity Online): Riddhi Siddhi Bullions, India's one of the largest importers of gold, said on Tuesday it will sell five tons of gold coin in the country during the forth coming festival season, reported PTI.
Usually, 10 to 15 tons of gold is sold during the festival season in the country and Ridhi Siddhi, plans to sell five tons of gold coin during period, said ompany Managing Director, Mr Prithivraj Kothari.
The benefit of our gold coin buyers is that we will buy them back from the consumers' provided they are sealed and maintained as good as at the time of buying, Kothari was quoted by PTI.
Riddhi Siddhi Bullions would use the electronic platform to reach out to the jewellers across the country through its 17 delivery points. The company would like to play volume game to grab the market share and keep the margin money as low as possible, he said.