Can I buy Gold/Silver from my FCNR account ?

POSTED BY ON November 18, 2013 2:44 pm ONE COMMENT

Hi Manish,

I am holding some funds in FCNR to the tune of approx 100-120 USD. I now want to purchase Gold & silver of this complete amount.

What is your advise ? Will real estate help ?

Thanks & best regards,


One reply on this article “Can I buy Gold/Silver from my FCNR account ?”

  1. FCNR account is like a deposit account only. SO its better to first transfer the money into your NRE account and then only buy the Gold .


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.