Today news
About the same in other media
SGB vs Physical Gold: What makes Sovereign Gold Bond a preferred choice?
Reading now: 897
The Tranche-8 of the Sovereign Gold Bond (SGB) has been launched for the Financial Year (FY) 2021-22 at an issue price of Rs 4,791 per gram for offline investors and Rs 4,741 for online investors. The issue period for the SGB Tranche-8 is from November 29 to December 3, 2021.
With the gold prices currently hovering near Rs 50,000 per 10 gram (or Rs 5,000 per gram) range, the SGB investors would not only gain around Rs 2,000 per 10 gram (or Rs 200 per gram), but would also enjoy several other benefits over investments in physical gold.
The benefits of investments in SGB over physical gold are –
Investors in physical gold need to spend on hiring lockers, taking insurance etc to keep gold safely and to recover losses in case of any theft,
Read more on financialexpress.comAbout this in other media
The A to Z of what Litecoin is missing and what it needs ambcrypto.com /2 years ago
SGB 2021-22: Gold Bond issue price fixed at Rs 4,791/gm; subscription opens Monday financialexpress.com /2 years ago
Cardano on the edge: Why and what it needs to make a recovery ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
