Sovereign gold bond issue opens tomorrow; should you subscribe?

Sovereign gold bond issue opens tomorrow; should you subscribe?

NEW DELHI: The second tranche of the sovereign gold bond (SGB) scheme 2021-22 is scheduled to open for subscription on Monday. The issue comes soon after the first tranche but is priced slightly higher. Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs … Read more

RBI fixes sovereign gold bond issue price at Rs 4,842 per gram; subscription opens on May 24

RBI fixes sovereign gold bond issue price at Rs 4,842 per gram; subscription opens on May 24

MUMBAI: The issue price for the second tranche of the sovereign gold bond issue has been fixed at Rs 4,842 per gram, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 – Series II or the second tranche will be open for subscription from May 24 to 28. The government … Read more