Diabytes
SGB News
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Sovereign Gold Bonds, introduced by the Indian Government in 2015, offer investors a unique way to invest in gold.
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This is a great opportunity for investors to invest in gold, a safe and secure asset backed by the Central Government. Let’s see the important information such as subscription date, price of 10 gram, discount, etc. regarding the upcoming SGB installment.
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The RBI open issues for subscription to sovereign gold bonds in tranches.
The RBI has fixed the price of the Sovereign Gold Bond Scheme Series X at Rs 5,109 per gram.
Sovereign Gold Bond Scheme investors should note that SGBs are basically like substitutes to holding physical gold.
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All major banks in India, including State Bank of India (SBI), offer advances against sovereign gold bonds at attractive interest rates.
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