Sovereign Gold Bond scheme: 1st tranche of FY24 opens. Should you subscribe?

Sovereign Gold Bond scheme: 1st tranche of FY24 opens. Should you subscribe?

The Sovereign Gold Bond Scheme 2023-24 – Series I – has opened for subscription on Monday, June 19, and will close on June 23, with the settlement date of June 27. The issue price is Rs 5,926 per gram of gold while there is a discount of Rs 50 for those investors who subscribe to … Read more

Sovereign Gold Bond scheme Series X open tomorrow; should you subscribe?

Sovereign Gold Bond scheme Series X open tomorrow; should you subscribe?

New Delhi: Amid gold’s rising safe heaven appeal due to geopolitical tensions between Russia and Ukraine, the Sovereign Gold Bond (SGB) Scheme 2021-22 – Series X will open for subscription on Monday, February 28. The Reserve Bank of India (RBI) has set the price at Rs 5,109 per gram of gold. The latest tranche of … Read more

Sovereign gold bond scheme opens: Should you subscribe?

Sovereign gold bond scheme opens: Should you subscribe?

NEW DELHI: The first tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. The issue comes at a time when gold prices are rising after dropping sharply in the last couple of months. Those who intend to subscribe to the SGB scheme can bid for a minimum of one unit … Read more