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Gold News: Golden Opportunity To Buy Cheap Gold From Monday, The Government Is Giving This Big Discount, Know The Details Here

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New Delhi: There Is Good News For Gold Buyers. If You Want To Buy Pure And Pure Gold At A Cheaper Rate Than The Market, Then You Have A Golden Opportunity For This. In Fact, Under The Sovereign Gold Bond Scheme, The Central Government Is Going To Sell Gold At A Cheaper Rate From August 9 I.E. From Monday. Under This Scheme, You Can Buy Gold At A Cheaper Rate At The Government Rate Till August 13. Gold Bonds Will Be Issued To Investors On August 17, 2021.


Actually, The Sale Of Gold Is Going To Start From August 9 Under The Fifth Series Of Sovereign Gold Bond Scheme 2021-22. Under This Scheme, The Government Will Sell Gold Till August 13. The Reserve Bank (RBI) Has Fixed The Price Of Gold Per Gram In This Series At Rs 4790. If You Buy 10 Grams Of Gold, Then Its Price Will Sit At Rs 47900.

You Can Also Buy Gold Bonds Online. If You Buy It Online Then It Will Cost You 50 Rupees More. You Can Buy Online At Rs 4740 Per Gram. In Such A Situation, You Will Get 10 Grams Of Gold For Rs 47400. Let Us Tell You That RBI Issues Sovereign Gold Bond Scheme On Behalf Of The Government.

Let Us Tell You That Under The Fourth Series Of Sovereign Gold Bond Scheme 2021-22, The Issue Price For Series Four Was Rs 4807 Per Gram. It Opened On 12 July And Closed On 16 July.

Significantly, The Sovereign Gold Bond Scheme Was Launched In November 2015, With The Objective Of Reducing The Spot Demand For Gold And Converting A Portion Of Household Savings Into Financial Savings To Be Used For Gold Purchases. Was.

The Specialty Of This Gold Bond Is That It Is Cheaper Than The Market Price. In Addition, In This Way, The Investment Can Also Earn 2.5 Percent Interest On Its Investment. Interest Is Accrued On Half Yearly Basis On The Initial Value Of Investment. The Interest Rate Has Been Fixed By The Government At 2.50 Per Cent Per Annum. But, Interest Is Paid Half Yearly. The Payment Is Made Based On The Market Value Of The Gold On Maturity. Under This Scheme, You Can Buy Gold From One Gram To Four Kg.

It Is Worth Noting That Tax Exemption Is Also Available On This And Along With This, You Can Also Take A Loan From The Bank Through This Scheme. There Is No Possibility Of Any Kind Of Fraud Or Inaccuracy In This. These Bonds Would Mature After 8 Years. That Is, Money Can Be Withdrawn From It After 8 Years. Also, After Five Years, People Also Have The Option Of Opting Out Of It.

Buy Gold Bonds From Here?


According To The Ministry, These Bonds Will Be Sold Through All Banks, Stock Holding Corporation Of India Limited (SHCIL), Post Offices And Recognized Stock Exchanges, NSE And BSE. Please Tell That They Are Not Sold In Small Finance Banks And Payment Banks.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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