The Reserve Bank of India has released the calendar for the Sovereign Gold Bond Scheme, 2021-2022 for the second half of FY2021-2022. The Bonds will be available for subscription in 4 tranches from October 2021 to March 2022. This is a departure from RBI's earlier stance of one bond issue each month. Over the next 6 months, there will be only 4 issues of Sovereign gold … [Read more...] about Sovereign Gold Bonds 2021-2022: 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?