Sovereign Gold Bond -The second series of Sovereign gold bond 2023 twenty-four has opened for investment.
Gold bonds can be purchased till 15th September.
The Reserve Bank of India has fixed the price of gold bond at Rs 50923 per gram.
Online purchase Those paying through digital means will get a discount of fifty rupees per gram.
Online investors will have to pay five thousand eight hundred and seventy-three rupees per gram. Under the Sovereign gold bond scheme, gold can be purchased up to a minimum of one gram and a maximum of four kilograms.
The limit of purchase per year for trusts and institutions has been fixed at twenty kilograms.
Sovereign gold bond provides a safe option of investment in gold and a better source of additional income.
Sovereign gold bond was started under the monetization scheme.
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