Sovereign Gold Bonds: Discounts, prices and everything you should know

The Sovereign Gold Bond scheme flares today, allowing you to buy gold bonds at a fixed interest of 2.5-percent twice a year. Read this article to know everything about gold bonds

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The Indian government has once again come up with an opportunity to buy gold at affordable rates. From today, August 22, the second share of the Sovereign Gold Bond (SGB) scheme 2022-23 is opening. According to this scheme, you can invest in gold for the next five days. This year, the Reserve Bank of India (RBI) has set a price of Rs 5,197 per gram for Sovereign Gold Bond against the original price of Rs 52,000 per 10 grams in the Delhi market. Also, you can save more money by applying online for sovereign gold. You will have to pay only Rs 5,147 for 1 gram of sovereign gold bond.

Also read | WHAT ARE SOVEREIGN

First Published: Aug 22 2022 | 6:16 PM IST

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