The next tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from October 25, the finance ministry said in a statement on Thursday
PNB is also offering a full waiver of service charges/processing fee on the loans against gold jewellery and SGB, similar to home loans and vehicle loans announced recently
Your portfolio needs a hedge against the risks of growth slowdown and inflation
The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from May 31, has been fixed at Rs 4,889 per gram of gold, the Reserve Bank of India (RBI) said
Investors seeking to benefit from this uptrend need to understand the pros and cons of the various investment options available to them
The issue price for the second tranche of the sovereign gold bond issue has been fixed at Rs 4,842 per gram, the Reserve Bank of India said on Friday
Premature withdrawal results in taxation of capital gain, while corpus received at maturity is tax-free
So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds
The new series of Sovereign Gold Bonds 2020-21 will be opened for the period March 1-5, 2021
The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday.
August sales were the highest ever in a month since launch
The SBG has an eight-year maturity period, with redemption allowed after five years.
August issue saw record response; all eyes on festival season sales
Entering this long-term instrument could cause distress if the rally ends in some years
Though SGBs were launched in November 2015, almost 35 per cent of the amount mobilised is in the current financial year
In the July SGB issue, bonds equivalent to gold worth 4.13 tonnes were sold, according to the official data
Currently, transaction in paper gold is available in the form of exchange-traded fund
Even as physical demand is absent, investments in paper gold are pushing the price of the yellow metal to record highs
You are more likely to get one from a bank with which you already have a relationship
The industry should not be overregulated in the name of developing it or curbing black money