2024-02-19 02:53:10
New Delhi: If you want to buy cheap gold then today is your last chance. The government is selling cheap gold. The government has brought the fourth tranche of Sovereign Gold Bond (SGB). The issue is open for subscription from February 12. Investments can be made in this (Sovereign Gold Bond Scheme) today i.e. till 16th February. The issue price of this installment of gold bond has been fixed at Rs 6,263 per gram. According to RBI, the price of Sovereign Gold Bond Scheme 2023-24 Series-IV is Rs 6,263 per gram of gold. The government has decided to give a discount of Rs 50 per gram from the face value to investors who apply online and make payment through digital means. The issue price of gold bonds for such investors will be Rs 6,213. Through Sovereign Gold Bond, you are given an opportunity by the government to invest in 99.9 percent pure gold of 24 carats. This bond is issued by RBI.Confidence of foreign investors increased in Indian bond market, bumper investment of so many crores of rupees has been made so far in February.
don’t miss the chance
Let us tell you that you cannot always buy Sovereign Gold Bond. Dates for this are released from time to time. Before this, there was an opportunity to buy it on December 22. Most financial experts recommend including gold in your portfolio. In such a situation, you have a chance to buy cheap gold today. The biggest advantage of Sovereign Gold is that you get double profit in it. Firstly, at the time of maturity, the investor gets money as per the market rate and secondly, 2.5% interest is also offered to the subscribers.
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buy bonds from here
These bonds are available for purchase through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognized stock exchanges including National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Gold Bond Scheme was first introduced in November 2015 with the intention of reducing the physical demand for gold.