Gold Silver Reports (GSR) – Plan to invest in gold through bonds? A government-run scheme that allows gold investments in non-physical form will close for subscription today for the month. The second series (Series II) of Sovereign Gold Bond (SGB) scheme 2019-20 will open every month till September, according to a statement by Reserve Bank of India (RBI).
sovereign gold bond scheme 2018 -19
Sovereign Gold Bond Scheme opens for Subscription: 10 Things to know – Gold Silver Reports
Sovereign Gold Bond Scheme opens for subscription: 10 things to know
The new series of sovereign gold bonds opened for subscription today. The government has fixed the price at Rs 3,146 per gram for the 2018-19 Series II sovereign gold bond scheme. The scheme will be open till October 19 and the bonds will be issued on October 23. Sovereign gold bonds will be issued every month from October 2018 to February 2019, the RBI had said earlier. The next tranche will be open from November 5-9 and issuance will be on November 13.