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Gold Bond

China's central bank to resume gold buying as prices ease, say analysts

After adding to its gold reserves for 18 consecutive months, official data from the People's Bank of China (PBOC) showed its holdings were unchanged in May

Updated On: 11 Jun 2024 | 9:14 AM IST

Last date to apply for new Sovereign Gold Bond (SGB) tranche today: Details

The bonds can be bought through agents or receiving officers (ROs), and applications must be submitted to branches during the weeks of subscription

Updated On: 22 Dec 2023 | 2:08 PM IST

Sovereign Gold Bond scheme 2023-24 tranche III: All your FAQs answered here

Sovereign Gold Bond interest rate: These bonds bear interest at the rate of 2.50% per annum on the amount of initial investment. Interest is credited semi-annually to the bank account of the investor

Updated On: 18 Dec 2023 | 10:48 AM IST

Govt fixes Rs 5,926/gm as issue price for first tranche of gold bond

The government has fixed the issue price at Rs 5,926 per gram of gold for the first tranche of the Sovereign Gold Bond Scheme 2023-24, which will open for subscription for five days from Monday. The issue will be opened for subscription during the period June 19-23, 2023, with the settlement date of June 27, 2023, the finance ministry said in a statement on Friday. The issue price of the bond during the subscription period would be Rs 5,926, it said. The government in consultation with the Reserve Bank of India has decided to allow a discount of Rs 50 per gram from the issue price to those investors who apply online and the payment is made through digital mode, it said. For such investors the issue price of Gold Bond will be Rs 5,876 per gram of gold, it added. The bonds will be sold through banks Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges -- National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

Updated On: 16 Jun 2023 | 10:32 PM IST

Sovereign Gold Bonds: Discounts, prices and everything you should know

The Sovereign Gold Bond scheme flares today, allowing you to buy gold bonds at a fixed interest of 2.5-percent twice a year. Read this article to know everything about gold bonds

Updated On: 22 Aug 2022 | 6:16 PM IST

Sovereign Gold Bond scheme opens today. Should you subscribe?

With gold prices on a decline, thanks to a rise in bond yields - globally and in India - analysts say investing in the yellow metal and the SGB scheme makes little sense right now

Updated On: 01 Mar 2021 | 12:27 PM IST

Gold bonds score over other options for investing in the precious metal

Apart from capital appreciation, you can also earn an annual interest income. Note, however, that that they are not very liquid

Updated On: 22 Oct 2018 | 2:45 AM IST

Gold bonds worth 14 tonnes sold in six tranches: Govt

Total collection came to 14.071 tonnes worth of gold, with bonds amounting to Rs 4,127 crore, says government

Updated On: 19 Nov 2016 | 2:25 AM IST

6th gold bond tranche at discount, less interest

Since last November, five tranches have been issued and a total of a little over 10 tonne equivalent was issued

Updated On: 21 Oct 2016 | 9:35 AM IST

Govt to make next gold bond investor-friendly

The sixth tranche of the issue is expected to open on October 24

Updated On: 15 Oct 2016 | 10:43 PM IST

Fifth tranche of sovereign gold bonds from Sept 1

This latest bond issue will be at Rs 3,150 per gram, compared to fourth issue made at Rs 3,119

Updated On: 31 Aug 2016 | 12:14 AM IST

Two more gold bond issues listed, premium vanishes

Govt is planning fourth tranche of gold bond issue under sovereign gold bond series in the first half of September

Updated On: 30 Aug 2016 | 12:37 AM IST

Stock exchanges sell 500-kg gold bonds

NSE sold more bonds than BSE

Updated On: 26 Jul 2016 | 12:07 AM IST

Govt fixes Rs 3,119 a gm rate in fourth tranche of gold bond scheme

Reduces minimum subscription denomination to 1 gm which would be open for investments from July 18-22

Updated On: 17 Jul 2016 | 2:20 PM IST

NSE to start gold bond trading in cash segment

Sovereign Gold Bond Scheme was announced in Oct 2015; first tranche will now be available for trading

Updated On: 09 Jun 2016 | 10:48 PM IST

Trade in gold bonds from month end

Listing of bonds will give them much required liquidity

Updated On: 17 May 2016 | 12:34 PM IST