Page 2 - Sovereign Gold Bond
SGB issue price fixed at Rs 5,197 per gm; subscription to open on Monday
The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 5,197 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2022-23 Series II will be open for subscription from August 22 26, 2022. "The nominal value of the bond...works out to Rs 5,197," the central bank said in a statement. The central government, in consultation with the Reserve Bank of India, 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. "For such investors, the issue price of Gold Bond will be Rs 5,147 per gram of gold," the RBI said. The RBI issues the bonds on behalf of the Centre. The bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges -- NSE and BSE. Th
 "SGB issue price fixed at Rs 5,197 per gm; subscription to open on Monday")
First tranche of 2022-23 gold bonds to open for subscription on June 20
The RBI further said that the second tranche (2022-23 Series II) will be available for subscription during August 22-26, 2022
 "First tranche of 2022-23 gold bonds to open for subscription on June 20")
Want to beat inflation? Hedge your portfolio with exposure to gold
Stock investors must avoid highly leveraged companies and those trading at steep valuations to beat inflation.
 "Want to beat inflation? Hedge your portfolio with exposure to gold")
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
Latest tranche of SGBs offers good entry price to long-term investors
Avoid them if you might require liquidity in the near term as you may have to sell them at a discount on the exchanges
 "Latest tranche of SGBs offers good entry price to long-term investors")
Spot gold exchange - New investment avenue for Indians?
Sebi has approved guidelines for setting up of spot gold exchanges. Let us take a look at how the exchange would work and how it compares with other gold instruments
 "Spot gold exchange - New investment avenue for Indians?")
Govt mobilises Rs 31,290 crore from Sovereign Gold Bond Scheme: FM
The government has collected Rs 31,290 crore from Sovereign Gold Bond (SGB) Scheme since its launch in 2015, Finance Minister Nirmala Sitharaman informed Parliament on Monday.
 "Govt mobilises Rs 31,290 crore from Sovereign Gold Bond Scheme: FM")
Gold bond issue price fixed at Rs 4,777/gm; subscription opens May 17
The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from May 17, has been fixed at Rs 4,777 per gram, the Reserve Bank of India said on Friday.
 "Gold bond issue price fixed at Rs 4,777/gm; subscription opens May 17")
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
 "Sovereign Gold Bond scheme opens today. Should you subscribe?")
RBI fixes sovereign gold bond issue price at Rs 5,051 per gram of gold
The Sovereign Gold Bond Scheme 2020-21-Series VII will be opened for subscription from October 12 to October 16.
 "RBI fixes sovereign gold bond issue price at Rs 5,051 per gram of gold")
Next tranche of gold bond opens 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
 "Next tranche of gold bond opens on Aug 31, issue price at Rs 5,117/gm")
Selling gold to raise cash? Know how to sell and the tax implications
Ideally you should sell it to the jeweller you bought the gold from, or a reputable retailer to get a better rate
 "Selling gold to raise cash? Know how to sell and the tax implications")
Top headlines: Sale of residential units at 10-yr low, SGBs reach new high
Here are the top headlines of the day
 "Top headlines: Sale of residential units at 10-yr low, SGBs reach new high")
Govt posts third-highest mop-up ever in gold bond sales this April
Physical sales were very limited due to the lockdown and sovereign gold bonds were one of the few avenues available to invest in the precios metal
 "Govt posts third-highest mop-up ever in gold bond sales this April")
RBI buys gold for forex reserves after 5 months, now holds 625 tonnes
The RBI buys gold to hedge the government's sovereign gold bond issue, launched in November 2015
 "RBI buys gold for forex reserves after 5 months, now holds 625 tonnes")
Do sovereign gold bonds bought in secondary market make good investments?
SGBs are not very liquid. Buy only if you believe gold prices will remain strong and if you can hold till maturity; if you're a short-term investor, ETFs work better
 "Do sovereign gold bonds bought in secondary market make good investments?")
Gold is old
In most schemes, where the monthly investment is a fixed amount, investors run the risk of the price of gold rising during the tenure of the recurring deposit
 "Gold is old")
Top events today: Cabinet meet on Kashmir, Sengar in court and more
From Sitharaman to meet heads of public and private banks to Sovereign Gold Bonds subscription, Business Standard brings you top events of the day
 "Top events today: Cabinet meet on Kashmir, Sengar in court and more")
Buy gold bonds at a discount on exchanges, but hold them until maturity
SGBs are better for taking exposure to gold than exchange-traded funds
 "Buy gold bonds at a discount on exchanges, but hold them until maturity")
Govt fixes Sovereign Gold Bond rate at Rs 2,945 per gram
Subscription for bonds runs from Monday to Wednesday every week
 "Govt fixes Sovereign Gold Bond rate at Rs 2,945 per gram")
