sovereign gold bond

How to invest in Sovereign Gold Bonds (SGB) through SBI online

The subscription period for the Sovereign Gold Bond (SGB) Scheme 2021-22 - Series X began on Monday, i.e., February 28, 2022. On the nominal value, an investors of SGB will be paid a fixed rate of 2.50 percent a year, payable semi-annually.

Sovereign gold bond’s 10th series open till March 4

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Sovereign gold bond scheme Series X opens tomorrow; should you subscribe?

The Reserve Bank of India (RBI) has set the price at Rs 5,109 per gram of gold. The latest tranche of the SGB Scheme - Series X can be subscribed till March 4.

Gold bond issue price fixed at Rs 5,109/gm; subscription opens Monday

The Sovereign Gold Bond Scheme 2021-22 - Series X will be open for subscription for the period from February 28 to March 4.

Sovereign gold bond issue opens today: Should you subscribe?

Investment in sovereign gold bonds has picked up pace in recent months. However, lack of clarity on how gold will move in the coming month may keep investors cautious.

Redemption price for premature redemption of SGBs due on Feb 8 at Rs 4,813/unit: RBI

Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by the Reserve Bank on behalf of the government of India.

Sovereign gold bond issue open from today: Should you subscribe?

Investment in sovereign gold bonds has picked up pace in recent months. However, lack of clarity on how gold will move in the coming months may keep investors cautious. If prices drop, it will be better to subscribe at a later tranche.

Sovereign gold bond: Subscription for next tranche of SGB 2021-22 to open soon

The subscription period for 2021-22 Series-VII will be October 25-October 29, and bonds will be issued on November 2, the finance ministry said in a statement.

Sovereign Gold Bond scheme kicks off: Should you subscribe?

The Sovereign Gold Bond Scheme 2021-22 - Series VII will remain open for subscription for next five days as it can be subscribed till Friday, October 29.

You can invest in Sovereign Gold Bond using RBI Retail Direct Portal

Prime Minister Narendra Modi announced last month the opening of the RBI Retail Direct Scheme, which allows individuals to buy treasury bills, dated securities, sovereign gold bonds (SGB), and state development loans (SDLs) directly from the primary and secondary markets.

You can now buy sovereign gold on RBI Retail Direct Portal also

"The Sovereign Gold Bond Scheme 2021-22 - Series VIII, which is open for subscription till December 3, 2021, is also available through RBI Retail Direct Portal at https://rbiretaildirect.org.in," the central bank said on Thursday.

Booked some profit in stocks? Time to look at gold bonds

In the latest tranche of sovereign gold bond offering in the year ending December 3, investors will have to pay Rs 4,741 per gram of gold after the Rs 50 per gram discount for digital payments.

Sovereign gold bond opens today: Why it's time to hike allocation

Investors could increase their exposure to gold through the upcoming tranche of sovereign gold bond offering starting today. With inflationary pressures expected to result in uncertainty in equities, investment advisors suggest investors must raise gold allocation to as much as 15% of their portfolio.

PNB reduces gold loan interest rates: Get details here

According to a press release issued by PNB, the bank is now offering loans against Sovereign Gold Bond (SGB) at 7.20% and loans against gold jewellery at 7.30%.

Govt mobilises Rs 31,290 cr from Sovereign Gold Bond Scheme: FM

With the main objective to develop an alternate financial asset and as an alternative to purchasing/holding of physical gold, the SGB Scheme was notified by the Government of India on November 5, 2015, Sitharaman said in a reply in Lok Sabha.

‘You can consider SGBs with gold a bit cheaper now’

Investors could subscribe to the upcoming offering of Sovereign Gold Bond as prices of the yellow metal appear undervalued after the recent weakness, said fund managers and analysts.

RBI streamlines process for redressal of complaints related to Sovereign Gold Bond

The sovereign gold bond scheme was launched in November 2015 to reduce the demand for physical gold and shift a part of the domestic savings -- used for the purchase of gold -- into financial savings.

Sovereign gold bond issue opens on Monday; should you subscribe?

Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 4,732 per gram against Rs 4,790 per gram for the previous tranche. There will be a Rs 50 discount for prospective investors that will bid online. The issue closes on Friday, September 3. The Certificate of Bond(s) will be issued on September 7.

Gold bond issue price fixed at Rs 4,732/gm; subscription opens Monday

The Sovereign Gold Bond Scheme 2021-22 - Series VI will be open for subscription for the period August 30 to September 3, 2021.

Sovereign Gold Bond Scheme IV: Issue price fixed at Rs 4,807/gm; subscription opens on Monday

The government, in consultation with the Reserve Bank of India (RBI), also provides a discount of Rs 50 per gram to those investors applying online and the payment against the application is made through digital mode.

Few take exit option for sovereign gold bonds even after 5 years of holding them

Most investors have held on to their investments in Sovereign Gold Bonds despite recently getting an opportunity to exit after staying invested for five years.The Reserve Bank of India gives Sovereign Gold Bond investors an option to redeem after five years.

Gold@1-month low. Should you subscribe to 5th tranche of SGBs opening on Monday?

Gold prices have seen some correction and analysts say the drop below Rs 46,500 per 10 gm level can lead to more weakness in the short term. But investors looking to buy SGBs for the long term should not get concerned about it.

Sovereign gold bond scheme opens: Should you subscribe?

Those who intend to subscribe to the SGB scheme can bid for a minimum of one unit - equivalent to one gram of gold - at Rs 4,777. There will be a Rs 50 discount for prospective investors bidding online.

Sovereign gold bonds sales fetch Rs 25,702 cr till March end

The scheme was launched in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings -- used for the purchase of gold -- into financial savings.

Sovereign gold bond issue opens on Monday. Should you subscribe?

Investors, who wish to subscribe to the issue, can bid for a minimum of 1 gm of gold at Rs 4,807 against Rs 4,889 per gm in the previous tranche. For those investors who apply for the new tranche online, the government will offer a Rs 50 per gram discount.

Sovereign gold bond to open for subscription on May 17

The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.

Sovereign gold bond price lowest in 10 months; should you subscribe?

The sovereign gold bond scheme, that opened for subscription from today, will close on March 5. The issue price of the bond is the lowest in the last 10 months.

Is Sovereign Gold Bond the best way to invest in the yellow metal?

Under the Reserve Bank of India's Sovereign Gold Bond scheme 2021-22, the first tranche of which opened on Monday, you can apply till this Friday, May 21. The bonds are nothing but government securities which act as substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. Denominated in multiples of gram(s) of gold with a basic unit of 1 gram, individuals and HUFs can buy anywhere between 1 gram and 4 kg in any given fiscal year.

Sovereign gold bond issue opens today; should you subscribe?

Prospective bidders can bid for a minimum of 1 gm of gold at Rs 4,842 per gram against Rs 4,777 per gram for the previous tranche. There will be a Rs 50 discount for prospective investors that will bid online. The issue closes on Friday, May 28.

Sovereign gold bond third tranche issue opens today: Should you subscribe?

Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 4,889 per gram against Rs 4,842 per gram for the previous tranche.

Sovereign gold bond issue price fixed at Rs 4,889/gm; subscription to open on Monday

The Sovereign Gold Bond Scheme 2021-22- Series-III or the third tranche will be open for subscription from May 31 to June 4, 2021.

Investors lap up 5.3 tonnes of gold bonds

The government has garnered Rs 2,540.87 crore through the Series 1 of FY22 offering, the second-highest by quantity only to August 2020's record 6.35 tonnes.

RBI fixes sovereign gold bond issue price at Rs 4,842 per gram; subscription opens on May 24

The government has decided to issue the bonds in six tranches from May 2021 to September 2021. The RBI will issue the bonds on behalf of the Government of India.

Sovereign gold bond opens May 17; issue price fixed at Rs 4,777/gm

The government, in consultation with the RBI, has decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode.

Sovereign gold bond issue open till Jan 1; should you subscribe?

The sovereign gold bond scheme is best suited for those wishing to invest in the yellow metal for the long term, according to market experts.

Sovereign gold bonds deliver big in 5 years; is it worth to invest this festive season?

Sovereign gold bond investors earn 2.5 per cent per annum interest on their investment.

Sovereign gold bond issue price fixed at Rs 4,662 per gram

Sovereign Gold Bonds 2020-21 (Series XII) will be open for subscription from March 1 to 5, 2021.

Sovereign gold bond issue opens; should you subscribe?

Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 5,104 per gram.

Gold duty slashed in Budget: Does buying Sovereign Gold Bonds make sense now?

“With cut in customs duty on gold, it makes no sense investing into the current Sovereign Gold Bond series unless allocation rate is taken down,” said Sandip Sabharwal, an independent market analyst.

Gold price fall offers a good entry point via sovereign bonds

The outlook for gold is bright despite the vaccination drive. Due to the sharp economic downturn, central governments across the world have been continuously pumping money into the financial system.

Sovereign gold bonds is it worth to invest this festive season?

Investors who bought the first issue of sovereign gold bonds (SGB) in November 2015 have managed to outpace the benchmark equity indices with a bigger margin. The price of the latest SGB Scheme 2020-21-Series VIII, which opened for subscription on November 9, has been fixed at Rs 5,177 per gram with a Rs 50 per gram discount for an online subscription.Sovereign gold bonds is it worth to invest this festive season?

Why shifting your gold holding to sovereign gold bonds is a smart move

For Indians, buying gold is a tradition. The asset is never sold except in extreme emergencies and is handed down from generation to generation. However, this is not a good financial planning strategy, especially after the recent rally in gold.

Gold bond issue price fixed at Rs 5,000 per gm of gold

The Sovereign Gold Bond Scheme 2020-21 - Series IX will be open for subscription from December 28, 2020 to January 1, 2021.

Next tranche of gold bond to open for subscription on Aug 31, issue price at Rs 5,117/gm

The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020.

Sovereign gold bonds score over gold ETFs

Sovereign gold bonds have a tenor of eight years, with investors having the option to exit after the fifth year on interest payment dates.

Should you invest in the new sovereign gold bond?

Investors across the globe have been accumulating the yellow metal as a safe bet with the dollar declining on account of the gigantic stimulus by governments and central banks in the developed world to protect their economies ravaged by Covid-19.

Brighten up your finances this Diwali with these expert investment tips

In this video, Rahul Jain, Head, Edelweiss Wealth Management, gives money tips on the reviewing and rebalancing act for your investment portfolio and what investing changes you should make this festive season.Brighten up your finances this Diwali with these expert investment tips

Why you should try and bond with gold this Dhanteras

Bonds score over traditional modes, such as buying physical gold or gold ETF, as these instruments have sovereign backing, and give 2.5% interest every year.

Three ways to invest in gold

One of the way way to invest in gold is through gold Exchange Traded Funds (ETFs). Units of gold ETFs are listed on the stock exchange and one can buy units from there. However, for investment purposes one can invest in gold in different ways.

Why are millennials favouring gold ETFs, bonds over physical gold

According to data from Association of Mutual Funds in India, the number of folios in gold ETFs increased by 111.19% last month compared with September 2019.

Gold bond issue price fixed at Rs 5,051 per gram

The Sovereign Gold Bond Scheme 2020-21-Series VII will be opened for subscription from October 12 to October 16.

7th tranche of Sovereign Gold Bonds opens: Should you invest?

The Sovereign Gold Bond (SGB) Scheme 2020-21-Series VII, which opened for subscription from October 12 to October 16, is available at the issue price of Rs 5,051 per gram of gold. Earlier, the issue price for the bonds (Series VI), which were opened for subscription from August 31 to September 4, was Rs 5,117 per gram of gold. Going ahead, the SGB 2020-21 Series VIII will open for subscription during November 9-13. Here's all you need to know about SGBs:

As prices correct, analysts cast doubt over sovereign gold bond's demand

Bullion dealers said the bond sale that closes on September 4 may not see the kind of demand the previous issue in August had reported.

Sovereign gold bond issue to open for subscription on August 31: Here’s all you need to know

Analysts are upbeat on the prospects of gold prices in light of the current economic situation as Covid-19 impact continues to linger. A few, however, have expressed concerns over the lock-in period.

Sovereign Gold Bonds see record subscription of Rs 3,387 crore

This is by far the highest in value and volume in any series since SGBs were launched in 2015 as a means of cutting costly imports of the yellow metal.

Why some analysts want you to avoid current series of sovereign gold bond?

Some analysts, however, advised investors to give it a miss and wait for the next series, which will be issued at the end of August, as they find the prices unfavourable at this point.

Why some investors may give Sovereign Gold Bond Scheme a miss

Given the 51% rise in gold prices over the last one year and 11% in July alone, investors could avoid aggressive bets on gold.

Gold bond issue price fixed at Rs 5,334 per gram

The Sovereign Gold Bond Scheme 2020-21-Series V will be opened for subscription from August 3-7, 2020.

Does it still make sense to invest in gold?

Since gold has delivered very high returns than other asset classes, it has been gaining a lot of traction among investors.

Sovereign Gold Bonds' issue open until Friday, have you invested?

SGBs come with a maturity period of eight years, with an exit option after the fifth year.

All you need to know about Sovereign Gold Bonds

Gold bonds are restricted for sale to resident Indian entities including individuals, HUFs, trusts, universities and charitable institutions. Also, the online mode of investment in gold bonds may not be available to all categories of investors.

Govt to issue sovereign gold bonds starting April 20

"The Bonds will be restricted for sale to resident individuals, HUFs, Trusts, Universities and Charitable Institutions," the central bank said.

Series-X of sovereign gold bond opens for subscription

Investors would get a 2.50 per cent interest on the amount of initial investment, which will take effect from the date of its issue

Gold bond issue price fixed at Rs 4,677/gm of gold

Sovereign Gold Bonds 2020-21 will be issued by RBI on behalf of the Government of India.

Is it safe to make investments in gold at this point?

Gold performed extremely well in 2000 during the dotcom bubble, and in 2008 during the global financial crisis. Will it repeat the performance?

Series-II of sovereign gold bond opens for subscription at Rs 4,639/gm

The issue closes on Friday, May 15. The certificate of bond(s) will be issued on May 19.

Gold bond issue price fixed at Rs 4,590/gm of gold

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.

Sovereign gold bonds likely to shine as global economic prospects look dull

Investors using the physical mode have to pay Rs 50 per gram more at Rs 4,590 per gram.

First sovereign gold bond of FY21 opens on Monday; should you buy?

Investors would get a 2.50 per cent interest on the amount of initial investment. The issue closes on Friday, April 24.

Invest 5-10% of portfolio in sovereign gold bonds to guard against volatility

Gold prices in the domestic market hit an all-time high of Rs 43,250 late in February.

Plan to invest in paper gold this Akshaya Tritiya? Here are key features of sovereign gold bonds

Sovereign Gold Bonds are issued by the government and are available for purchase during intervals every few months. SGBs give the opportunity to own gold and earn interest on it. Currently the first series for FY 2020-21 is available from April 20 to April 24. The date of issuance is April 28, 2020. While physical gold bought from jewellers or banks could come at a premium, of somewhere around 10 percent, the price of SGB is close to the actual price of gold. Investments in SGB come with their own set of well-defined benefits. Here are those along with other features.