The Reserve Bank of India has released the calendar for the Sovereign Gold Bond Scheme, 2020-2021 for the last 6 months of FY2021. The Bonds will be available for subscription in 6 monthly tranches from October 2020 to March 2021. For the tranche that is now open for subscription in November 2020, the subscription price is Rs 5,177 per gram. For online subscription, there … [Read more...] about Sovereign Gold Bonds 2020-2021: Should you invest?
Fifth tranche of Sovereign Gold Bonds opens for issue on September 1, 2016. The issue will be open for subscription till September 9, 2016. Let’s look at the salient features and whether you should consider investing. What is the issue price? The issue price in this tranche is Rs 3,150 per gram. The issue price is the simple average of price of .9999 purity gold in the … [Read more...] about Invest in Sovereign Gold Bonds for diversification
Sovereign Gold Bond Scheme has been launched. Given the penchant we have for gold, I have seen a lot of curiosity around the Sovereign Gold Scheme. The major attraction under the scheme is the interest of 2.75% p.a. No other form of gold investment (physical gold, Gold ETFs, Gold Mutual Funds and gold jewellery) offers this kind of regular income. In this post, I will discuss … [Read more...] about Sovereign Gold Bond Scheme: Should you invest?