Gold — The Golden Investment- Continued

Photo by Dmitry Demidko on Unsplash

Important Update: RBI has fixed the price of Series IX SGB at Rs. 5000. You can subscribe to it between Dec 28 2020 — Jan 01 2021 and start the new year on a positive note.

Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of Gold Bond will be ₹4,950/- (Rupees four thousand nine hundred fifty only) per gram of gold.

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