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    Home»Featured»Sovereign gold bond subscription starts from October 12
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    Sovereign gold bond subscription starts from October 12

    Finance KhabarBy Finance KhabarOctober 9, 2020No Comments1 Min Read
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    Gold ETFs attract Rs 6,657 crore inflow in 2020
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    New Delhi: The craze of Indians towards gold is not hidden from anyone, but its brightness has increased in the Corona era. Investors are turning to gold once again due to huge turmoil in the stock markets and reduced interest rates on FD and small savings schemes. This is the reason that its price is creating new records. If you want to buy cheap gold then you have a golden chance. The government is going to issue the seventh series under the Sovereign Gold Bond Scheme.

    The subscription for the seventh series of Sovereign Gold Bonds starts from October 12 and will run till October 16. The settlement date is October 20. The issue price for this is 5051 per gram. Investors who buy Sovereign Gold Bonds online after the Reserve Bank’s consent will get a rebate of Rs 50. For this, payment has to be made online. The price for those buying online will be Rs 5001 per gram.

    Sovereign gold bond
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