The government has ended parts of the Gold Monetisation Scheme (GMS), which included gold deposits for 1-3 years, 5-7 years and 12-15 years. The 5-7 years and 12-15 years of deposits have been discontinued with effect from March 26, 2025, "based on the examination of the performance of the Gold Monetisation Scheme and evolving market conditions," the government said.