Looking to invest in the golden metal? The government’s sovereign gold bond (SGB) scheme, which goes live next week, is just what you’re looking f
Investors usually buy gold in physical form such as jewellery or small bars. But now you can also invest in gold through digital means.
Like mutual funds, these bonds are denominated in units. On selling them, instead of gold, the bonds are redeemed in cash according to their current v
RBI has fixed the bond price for tranche VIII at Rs 4,791/gm
The issue price has been fixed at Rs 4,765 per gram of gold
The subscription period for 2021-22 Series-VII will be of 5 days starting today
Sovereign gold bonds: If you hold your SGB investment for eight years, all your capital gains will be tax-free.
Sovereign Gold Bonds are substitutes for holding physical gold. The RBI issues these bonds on behalf of the government periodically.
A simple rule to follow about your investments is to only invest in assets when you're comfortable with the risks associated with them.
Money9 has exclusively listed out reasons why investors should consider investing in sovereign gold bond schemes.