India Bullion and Jewellers Association (IBJA) today announced 500 gms Sovereign Gold Bonds and silver to the Indian medal winners at the Rio 2016 Olympics.
Sovereign Gold Bonds of 500 gms will be awarded to the Gold Medal winners and 1 kg silver will be awarded to Silver Medal winners, it said in a statement.
"Olympics is known to be the biggest sports platform in the world. IBJA strongly believes that although the Olympic Games are about competition and winning, these tournaments are very important as they unite nations throughout the world displaying different cultures of different countries," it said in a statement.
