Bank of Mauritius to offer gold as public savings tool

mauritius-gold-bars

The Bank of Mauritius will begin selling minted gold bars to the public in November, in a bid to promote a savings culture in the country.

Bars of a purity of .9999 will be available in weights of 10, 50 and 100g, and will be priced daily based on the value of gold traded on the international market. Prices will begin from 18,250 Mauritian rupees ($585), according to central bank estimates.

The bars will be sold with a buyback option, distinguishing them from the gold and platinum coins the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.