MMTC-PAMP Seeks to Expand Gold Recycling and Promote Gold Monetisation in India
MMTC-PAMP aims to expand gold recycling in India to reduce reliance on imports and utilize underused refining capacity. Indian households hold an estimated 30,000-35,000 tonnes of gold, much of which remains idle. The company plans to increase recycling volumes and has introduced a 10-gram coin made from 999.9 pure recycled gold. A revamped gold monetisation scheme could encourage more household gold to enter the formal market, helping address the current-account deficit and boost domestic refining.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (58/100). Lens Score 40/100.
Outlets measured: economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–62/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 19 Aug, 01:49 am. Other outlets followed.