With the spectacular rally in the yellow metal over the last one month, you may be keen to invest in the current issue of sovereign gold bonds issued by the RBI. So, should you go ahead? Is this the right time to invest in the metal?
The Sovereign Gold Bond Scheme 2019-20 - Series IV will be open till September 13. The Reserve Bank of India has fixed the price at 3,890 per gram. There will be a discount of 50 per gram for those investors buying these bonds online.
Minimum investment in these bonds is one gram, as always. The coupon rate is the same as that of the previous issues – 2.5 per cent per annum on the face value. This will be last issue for 2019-20.
Diese Geschichte stammt aus der September 11, 2019-Ausgabe von The Hindu Business Line.
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Diese Geschichte stammt aus der September 11, 2019-Ausgabe von The Hindu Business Line.
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