Sovereign Gold Bonds Trading

Gold slips Rs 10, silver declines Rs 100; yellow metal trading at Rs 72,320

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,440, Rs 66,290, and Rs 66,890, respectively

Sovereign gold bonds help save $3.3 billion in India's gold import bill

The government launched the first SGB in November 2015, and the first two issues have matured giving significantly high tax-free returns to investors

SGB tranche III opens for subscription, will be available till Dec 22

Sovereign Gold Bond Scheme was launched by the government in November 2015, under Gold Monetisation Scheme

Sovereign Gold Bond scheme 2023-24 tranche III: All your FAQs answered here

Sovereign Gold Bond interest rate: These bonds bear interest at the rate of 2.50% per annum on the amount of initial investment. Interest is credited semi-annually to the bank account of the investor

Sovereign gold bond 2023-24 tranche III opens today: Worthy investment?

RBI on Friday announced that the issue price for the next tranche of Sovereign Gold Bond has been fixed at Rs 6,199 per gram .

Reserve Bank of India sets sovereign gold bond issue price at Rs 6,199/gram

The Reserve Bank of India (RBI) on Friday announced that the issue price for the next tranche of Sovereign Gold Bond has been fixed at Rs 6,199 per gram and will open for subscription on December 18 for five days. The Sovereign Gold Bond (SGB) Scheme 2023-24 - Series III will be open for subscription during December 1822, 2023. The SGBs will be sold through scheduled commercial banks (except small finance banks, payment banks and regional rural banks), Stock Holding Corporation of India Limited (SHCIL), Clearing Corporation of India Limited (CCIL), designated post offices, National Stock Exchange of India Limited and Bombay Stock Exchange Limited. In a statement, the RBI said the nominal value of the bond based on the simple average closing price for gold of 999 purity works out to Rs 6,199 per gram. The central government, in consultation with the Reserve Bank, has also decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and

First SGB batch to mature on 30 Nov: Will it deliver over 12% returns?

People who invested in the first series of Gold Bonds are about to get bumper returns on their invested. The first Gold Bonds were released in Nov 2015 at Rs. 2,684 per gram.

RBI sets price for premature redemption of SGBs at Rs 6,076 per unit

The Reserve Bank of India (RBI) on Friday said the price for premature redemption of Sovereign Gold Bonds (SGBs), due on November 20, will be Rs 6,076 per unit. "The redemption price for the premature redemption due on November 20, 2022 shall be Rs 6,076 per unit of SGB, based on the simple average of closing gold price for three business days -- November 15, 16, and 17, 2023," the RBI said. SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The bond is issued by the RBI on behalf of the Government of India. As per the government notification on SGB issued on January 14, 2016, redemption may be permitted after the fifth year from the date of issue of such gold bonds on the date on which interest is payable.

Sovereign gold bond tranche II opens today: Should you invest? We decode

Sovereign Gold Bond (SGB) price has been set at Rs 5,923 per gram for the September 2023 series, which opens for subscription today and closes on September 15, 2023.

Everything to know about the Sovereign Gold Bond scheme that opens today

Sovereign gold bonds (SGBs) remain the best way to take exposure to gold due to additional 2.5% per annum interest and no capital gains tax. There are no annual recurring expenses while capital gains

Gold bond issue price fixed at Rs 4,732/gm; subscription opens Monday

The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from August 30, has been fixed at Rs 4,732 per gram of gold, the RBI said

Sovereign Gold Bond Scheme IV: Issue price fixed at Rs 4,807 per gram

The issue price for Series III, which was open for subscription during May 31 to June 4, 2021, was Rs 4,889/gm.

Sheen is back with rise in gold prices, but pay heed to cost and liquidity

Investors seeking to benefit from this uptrend need to understand the pros and cons of the various investment options available to them

Next tranche of gold bond opens on Aug 31, issue price at Rs 5,117/gm

The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020

Are sovereign gold bonds a good idea?

Though SGBs were launched in November 2015, almost 35 per cent of the amount mobilised is in the current financial year

Sale of sovereign gold bonds at a record high in July in times of Covid-19

In the July SGB issue, bonds equivalent to gold worth 4.13 tonnes were sold, according to the official data

Moody's downgrades global sovereign rating outlook for 2020 to negative

Moody's now expects growth in G20 group of top world economies to stay around 2.6% next year, after 3% in 2018.

Sovereign gold bonds attract Rs 6,030 cr on first day

Main objective was to reduce demand for physical gold, shift part of savings into financial savings

July sovereign gold bonds to start trading from today

Sovereign Gold Bond Scheme 2017-18: Series II was announced by the Government of India on July 6