If you are thinking of buying gold at an affordable price in terms of investment, then this is a good opportunity for you. Actually, the Government Gold Scheme of the Central Government is about to start once again. Under this scheme, you can invest by buying gold bonds at an affordable price.
How much is the price: The Reserve Bank of India (RBI) has kept the price of gold bonds at Rs 4,732 per gram. At the same time, investors who apply online and pay digitally will get an additional discount of Rs 50. According to RBI, the price of gold bond for such investors will be Rs 4,682 per gram. The bond will be open for applications from August 30 to September 3. Explain that the government had announced to issue government gold bonds in six installments between May 2021 and September 2021.
These are the conditions: Under this scheme of the government, at least one gram of gold bond will have to be purchased. The maximum limit for buying bonds is 4 kg. At the same time, its maturity period is 8 years. However, there is an option to exit from it after the fifth year.
How to invest: If you want to invest in bonds, you can buy through banks (except small finance banks and payments banks). Apart from this, buying can also be done through Stock Holding Corporation of India Limited (SHCIL), Post Office, recognized stock exchanges National Stock Exchange of India Limited as well as BSE.
