Sovereign gold bond opens for subscription today. Maturity period to benefits— 10 things to know3 min read 28 Feb 2021, 06:14 PM IST
The Reserve Bank of India, on behalf of government of India, fixed the issue price of Sovereign Gold Bond at ₹4,662 per gram
If you are considering to invest in gold, then Sovereign Gold Bonds are a far better option than physical gold, says expert
The twelfth tranche of Sovereign Gold Bond 2020-21 will open for subscriptions from Monday and continue till 5 March. Launched in 2015, the Sovereign Gold Bonds are government securities denominated in grams of gold. It is often touted as a superior alternative to holding gold in physical form. The gold bonds are issued by the Reserve Bank of India, on behalf of government of India. The issue price has been fixed at ₹4,662 per gram.
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