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
RBI gold bond scheme
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?