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SOVEREIGN GOLD BONDS NEWS

Knowledge nugget of the day: Sovereign Gold Bonds Scheme (SGBs)

December 24, 2024 6:57 pm

The cost of financing SGBs is high for the government; therefore, it is considering discontinuing the scheme. But what are Sovereign Gold Bonds? What is the status of India’s gold reserves? Take a look.

Why the government could discontinue the sovereign gold scheme

December 18, 2024 11:53 am

Sovereign gold bonds offer a better alternative to holding gold in physical form due to lower risks and costs of storage. However, the central government favours discontinuing the SGB scheme. Here's why.

Sovereign Gold Bond: How to purchase SGBs on last day of subscription window

February 16, 2024 8:45 am

As per Reserve Bank of India (RBI), the country's central bank, investors will be issued SGBs on February 21. The interest rate specified by the RBI for these bonds stands at 2.50 per cent which is paid semi-annually.

Sovereign Gold Bond Scheme 2023-24: Check price and discount as last date as subscription nears

February 15, 2024 10:54 pm

Sovereign Gold Bond 2024: As per Reserve Bank of India (RBI), investors making payment through online mode will receive a discount of Rs 50 per gram, reducing the issue price at Rs 6,213. Over the past few years, SGBs have become preferred options for many owing to the fact that there is no hassle involved in storing digital gold.

Sovereign Gold Bond Scheme 2022-23 (Series II): Here's everything you need to know

August 22, 2022 2:49 pm

Sovereign Gold Bond Scheme 2022-23, Sovereign Gold Bond August 2022 Price, 2nd Tranche: The government, in consultation with the Reserve Bank of India, will be offering a discount of Rs 50 per gram to those investors who will apply online and the payment against their application is made through the digital mode.

Sovereign Gold Bond 2022-23 – Series I available from June 20-24: Here's everything you need to know

June 21, 2022 2:46 pm

Sovereign Gold Bonds (SGB) | Sovereign Gold Bond 2022-23, 1st tranche: The government, in consultation with the central bank, has decided to offer a discount of Rs 50 per gram on the nominal value to those investors who will apply online and the payment against their application is made through digital mode.

Sovereign Gold Bond 2021-22 – Series X opens today: All you need to know

February 28, 2022 1:14 pm

The Government of India, in consultation with the central bank, has decided to offer a discount of Rs 50 per gram on the nominal value to those investors who will apply online and the payment against their application is made through digital mode.

Sovereign Gold Bond 2021-22 - Series IX opens today: All you need to know

January 10, 2022 12:30 pm

The Government of India, in consultation with the central bank, has decided to offer a discount of Rs 50 per gram on the nominal value to those investors who will apply online and the payment against their application is made through digital mode.

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