Investment Return

Sovereign Gold Bond: SGB 2017-18 Series VIII subscribers to get 152% profit on premature redemption. Should you withdraw or stick on?

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Sovereign Gold Bond: SGB 2017-18 Series VIII subscribers to get 152% profit on premature redemption. Should you withdraw or stick on?

SGB premature redemption: The Sovereign Gold Bond (SGB) Series VIII (2017-18) is scheduled for premature redemption on November 19, 2024, in accordance with the guidelines set by the Reserve Bank of India (RBI). The redemption amount has been determined at Rs 7,460 per unit, determined by the average gold price of 999 purity recorded over … Read more

Gold, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

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Gold, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 70,999 per 10 grams and hit an intraday low of Rs 70,862. In the international market, prices hovered around $2,339.72 per ounce. Meanwhile, silver opened at Rs 81,093 per kg and hit an intraday low of Rs 80,030 on the MCX. In … Read more