Dropped rate of Sovereign Gold Bonds

The subscription for the twelfth tranche of the Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series XII, opens March 1, 2021, and will close on March 5. The SGBs will be allotted on March 9.

Issue price          :               Rs 4,612 (per gram of gold) for those investors applying online and the payment against the application is made through digital mode

The 10th tranche of Gold Bond was quoted at Rs.5054 per gram and the 11th tranche was quoted at Rs 4,912 per gm with a discount of Rs 50/gm for online investors.

Read the following article to know more about SGB.

Surendra Naik

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Surendra Naik

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