The sovereign gold bond scheme was launched in November 2015 to reduce the demand for physical gold and shift a part of the domestic savings used for the purchase of gold into financial savings.
Sovereign Gold Bonds Subscription For Tenth Tranche Ends Today: What You Need To Know Sovereign Gold Bond Scheme: The next window for investing in gold bonds - Series XI of the SGB 2020-21 scheme, will open on February 1, 2021, for a period of five days
Updated: January 15, 2021 5:27 pm IST
Sovereign Gold Bond Scheme: An issue price of Rs 5,104 per gram is applicable to Series X
Sovereign Gold Bond 2020-21 Scheme: Subscription for the tenth tranche of the government s Sovereign Gold Bond (SGB) 2020-21 programme will end on Friday, January 15. After the current issue, Series XI of the gold bond 2020-21 scheme will be available for five days starting February 1, 2021. Under the gold bond scheme, the Reserve Bank of India issues interest-paying bonds linked to the market price of gold. The scheme comes with benefits such as discounts on online subscription when payments are made through digital modes. The Sovereign Gold Bonds are aimed at restricting gold imports for the co