Sovereign Gold Bond Scheme: Is it suitable for You?
- May 20, 2021
- Category: Gold, Investments
Continuing with its issuance of sovereign gold bond (SGB) scheme, the RBI opened the window for next tranche of subscription from 17 -21 May 2021. These will allow investors to invest in gold in digital form with certificate issued against grams of gold. For individual investors, the minimum investment is equivalent to the price of 1 gram of gold and maximum investment is equal to the value of 4 kg of gold. A holding certificate is issued in the name of an investor upon successful purchase of the gold bond. You can also find the detailed schedule of subsequent issues […]
Do you want to buy or invest in Gold? Know the difference!
- September 12, 2016
- Category: Gold
Indians are the most obsessed people in the world with gold. Be it at weddings, festivals, thread ceremony, donating to temples, gold is a status symbol for Indians. They not just spend a lot on gold but also gift gold to close relatives on special occasions as per customs. Besides physical jewellery, people have a lot of options to put money in the yellow metal through gold exchange traded funds, gold mutual funds, sovereign gold bond scheme, etc. Somehow, the common perception among most people is that one should invest in gold to accumulate gold for marriage. But buying gold […]