only 5 days will get cheaper gold
There is a great chance to buy gold cheaply amid the constantly falling gold prices. On this, the RBI is also giving discounts on the purchase of gold to the customers on its behalf.There is a great chance to buy gold cheaply amid the constantly falling gold prices. On this, the RBI is also giving discounts on the purchase of gold to the customers on its behalf. Did this happen not to sleep on icing! Yes, the government has once again brought Sovereign Gold Bond Scheme 2020-21 Series XII. Under this, gold will be sold between March 1-5. The government has also fixed the bond price for this.The new issue price of Sovereign Gold Bond has been fixed at Rs 4,662 per gram. The price of ten grams here is 46620 rupees. The bond price is based on the average closing price of 999 purity gold offered by the Indian Bullion and Jewelers Association Limited (IBJA). These gold bonds are issued for 8 years and there is also an option to opt out after 5 years. Applications are issued in at least 1 gram and its multiples.
मिलेगा 50 रुपये का डिस्काउंट (Discount on Gold)
Here you are also being given a discount on the purchase of gold. In the statement of the Finance Ministry, it has been said that the government has decided to give a rebate of 50 rupees per gram to those purchasing online, in consultation with the Reserve Bank of India. For such investors, one gram gold bond will be issued at the rate of Rs 4,612. On taking ten grams of gold, the online price will be Rs 46120.
Gold has become cheaper by Rs 10500
Talking about investing in gold, it is indeed a golden opportunity. In the last 6 months, the gold rate today has fallen by more than 18 percent. Gold has become cheaper by around Rs 10500 since August. In 2020, gold return has given a return of 25%. Apart from this, it is also considered good to invest in gold bonds because here you get interest on gold in two installments in a year.
How much can you invest
The scheme was launched in November 2015. This means reducing the demand for physical gold and using domestic savings used in the purchase of gold in financial savings. A person investing under the Sovereign Gold Bond Scheme can buy a maximum of 500 grams of gold bonds in a business year. An investor can invest a minimum of 1 gram and more than 4 kg. An investment of up to 4 kg for a Hindu Undivided Family (HUF) and up to 20 kg is allowed in a business year for a trust etc.
