The Centre and Reserve Bank of India (RBI) backed Sovereign Gold Bond Scheme 2023–24 Series III schedule for the fiscal year 2023-2024, which opened for subscription on December 18, will close for subscriptions on December 22, 2023 (Friday). The issuance of these bonds is scheduled for December 28, 2023. Last week, RBI announced that the … Read more
The Reserve Bank of India (RBI) revealed the Sovereign Gold Bond (SGB) Scheme Series III schedule for the fiscal year 2023-2024, which is set to commence on December 18 and conclude on December 22. The RBI has established the issue price for SGBs 2023-24 Series III at Rs 6,199 per gram, with a discount of … Read more
The Reserve Bank of India (RBI) has announced the final redemption price of the first tranche of the sovereign gold bond (SGB) scheme at Rs 6,132 per gram and fixed the redemption date as November 30, Thursday. The investors who invested in the scheme have made an income of a whopping 128% (Rs 3,448) over … Read more
Mumbai: Investors could subscribe to the upcoming offering of Sovereign Gold Bond as prices of the yellow metal appear undervalued after the recent weakness, said fund managers and analysts. Over the next 12 months, investors can allocate up to 15% of their portfolio to gold. In the fifth tranche of SGB this fiscal, investors will … Read more
NEW DELHI: The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both. Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at … Read more
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