Though the sovereign gold bond scheme was meant to take care of the investors’ need to buy gold as an investment against high inflation and poor growth or lack of better investment alternatives, the first tranche of the sch
The government's much-touted sovereign gold bond scheme has failed to cut much ice with the public, if the final amount of about Rs 150 crore is any indication, say bankers, who also blamed the high issue price as the biggest
PM Narendra Modi on Thursday launched two schemes on gold (Gold Monetisation Scheme, Sovereign Gold Bonds Scheme) as well as a sovereign gold coin, as the government aimed to broaden the investment choices for individuals as
The Reserve Bank of India on Tuesday announced the issue price of the first tranche of sovereign gold bond at Rs 2,684 per gram of gold. Investors can apply for these bonds in receiving offices from November 5-20.