The buying and selling of gold has traditionally been done face-to-face. But now smartphones, e-wallets and some investment programs are bringing new buyers into the business. Digital payment systems have grown in popularity in India since the government stopped producing large-value banknotes in 2016. Now, there are computer software applications that let smartphone users buy, sell or keep gold, even in small amounts. The Reuters news agency reports that a private company keeps gold purchased or sold electronically in secured storage vaults. Online gold purchases have been growing worldwide for years. But they are a new idea in India, where jewelry and pieces of gold are often kept by individuals or given as gifts.
Title: In India, More People Are Buying and Selling Gold Electronically
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/Untitled.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='In India, More People Are Buying and Selling Gold Electronically' data-article-id='3002'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='7375'>The buying and selling of gold has traditionally been done face-to-face.</span> <span data-start-time='7375' data-end-time='17646'>But now smartphones, e-wallets and some investment programs are bringing new buyers into the business.</span> <span data-start-time='17646' data-end-time='30333'>Digital payment systems have grown in popularity in India since the government stopped producing large-value banknotes in 2016.</span> <span data-start-time='30333' data-end-time='43000'>Now, there are computer software applications that let smartphone users buy, sell or keep gold, even in small amounts.</span> <span data-start-time='43000' data-end-time='56063'>The Reuters news agency reports that a private company keeps gold purchased or sold electronically in secured storage vaults.</span> <span data-start-time='56063' data-end-time='62104'>Online gold purchases have been growing worldwide for years.</span> <span data-start-time='62104' data-end-time='72958'>But they are a new idea in India, where jewelry and pieces of gold are often kept by individuals or given as gifts.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/2482/458FEBA9-CB06-4E35-82E3-2D7D6ECE159F_w1023_r1_s.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=10492 data-hint-location='30333' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/what_does_application_mean.m4a'>What does application mean?</div><div class='choices' data-correct-choice='a computer program for a smartphone'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/a_key_to_open_a_door.m4a'><span>a key to open a door</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/a_fast_car.m4a'><span>a fast car</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/a_computer_program_for_a_smartphone.m4a'><span>a computer program for a smartphone</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/to_wait_in_line.m4a'><span>to wait in line</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=10493 data-hint-location='56063' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/what_have_been_growing_worldwide_for_years.m4a'>What have been growing worldwide for years?</div><div class='choices' data-correct-choice='online gold purchases'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/online_gold_purchases.m4a'><span>online gold purchases</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/national_borders.m4a'><span>national borders</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/trade_deals.m4a'><span>trade deals</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/smartphone_apps.m4a'><span>smartphone apps</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=10494 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/the_buying_and_selling_of__blank__has_traditionally_been_done_facetoface.m4a'>The buying and selling of <span class='blank'>gold</span> has traditionally been done face-to-face.</div><div class='choices' data-correct-choice='gold'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/cars.m4a'><span>cars</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/gold.m4a'><span>gold</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/animals.m4a'><span>animals</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2482/fabric.m4a'><span>fabric</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
Sound Name: https://news-app-production.s3.amazonaws.com/articles/2482/Untitled.m4a
Preview
