Sovereign Gold Bond: Investing in gold is a very good option. Today we can invest in digital gold along with physical gold. Today Series II of Sovereign Gold Bond will close. If you still have not invested in it then you should invest in it soon.Let us know why you should invest in it?
New Delhi, Business Desk. If you also like investing in gold, then you can invest in Sovereign Gold Bonds. This is a very good option to invest. Sovereign Gold Bond Series-II 2023-24 subscription opens today. The price of this gold bond has been fixed at Rs 5,923 per gram.
Discount in Sovereign Gold Bond
Investors who apply online for Sovereign Gold Bond (SGB) are getting discounts. Investors will get a discount of Rs 50 on Sovereign Gold Bonds
. After this its price will become Rs 5,873 per gram. Let us tell you that Sovereign Gold Bonds are introduced by the Reserve Bank of India (RBI). Come, let us know why investors should invest in this gold bond?
Why invest in gold bonds
In this you get assured returns of 2.5 percent. This return is available every 6 months.
Unlike physical gold, there is no problem in storing digital gold. Gold bonds are much safer than physical gold.
The government launched the Sovereign Gold Bond under the Gold Monetization Scheme in 2015. RBI opens this gold bond for subscription in instalments.
You can use Sovereign Gold Bond as a loan. Apart from this, you can also take a gold loan from it.
GST is applicable on gold jewellery and coins. At the same time, there is no GST (Goods and Services Tax) of any kind on Sovereign Gold Bonds. Apart from this, there is no marking charge on it.
Where to buy sovereign gold bonds
You can buy gold bonds from RBI, stock exchange and post office. Apart from this, you can also sell it on BSE and NSE.