Sovereign Gold Bonds: Is GoI killing its Golden Goose?The Indian government lowered the import duty on gold from 15% to 6%, attempting to save around ₹10,000 crore before major SGB payouts. Thi...
SGB redemption: How much investors lost and government gained due to custom duty cut on goldSovereign gold bond: According to Aksha Kamboj, VP, India Bullion & Jewellers Association, "Revenue loss to the government may be approxima...
Has government reduced SGB issuance this year? Know the loss on SGB maturity in FY25 due to custom duty reductionSovereign Gold Bonds: When the government announced a reduction of customs duty from 15% to 6% on Gold, the prices crashed by up to 9% in t...
New Sovereign Gold Bond tranche: Is SGB Series IV 2023-24 issue price highest ever offered?The final tranche of Sovereign Gold Bonds (SGBs) for the 2023-24 series became available to subscribers on February 12, 2024, and will end ...
New Sovereign Gold Bond tranche open for subscription: Know latest SGB issue priceSovereign Gold Bond: The nominal value of the SGB based on the simple average of closing price for gold of 999 purity of the last three wor...
Redemption price of first ever Sovereign Gold Bond (SGB) tranche announced; investors to earn 11%Sovereign Gold Bond: The first SGB was released on November 30, 2015. In accordance with the terms of the arrangement, the bonds must be re...
First Sovereign Gold Bond (SGB) maturity date is Nov 30; how to check bank account to receive redemption moneyThe price for the final redemption due on November 30, 2023 shall be Rs 6,132 per unit of SGB based on the simple average closing price of ...
SGB vs Sensex: Ahead of gold bond redemption, which one shines brighter?The RBI has set the redemption price at Rs 6,132 per gram which is a 128% (Rs 3,448) premium over the issue price of Rs 2,684 per gram, the...
Redemption price of 1st SGB tranche announced; investors make 128% return excluding interestThe redemption price of SGB is based on the simple average of the closing price of gold of 999 purity of the week (Monday, November 20-Frid...
First sovereign gold bond (SGB) issue investors to get a bonanza on maturityThe first ever tranche of Sovereign gold bonds (SGB) issued by the Reserve Bank of India (RBI) is due for maturity this month. Going by the...
Latest Sovereign Gold Bond issue price is 11% higher than price during peak Covid timeThe set issue price of Rs. 5,926 per gram of gold for SGB Series I 2023–24 is Rs. 315 more expensive than the tranche's March 2023 issuance...
Sovereign Gold Bonds: RBI issues dates for premature redemption, check detailsThe RBI released details about the SGB tranches that would be prematurely redeemed between April 1, 2023, and September 30, 2023, as well a...
How to invest in Sovereign Gold Bonds (SGB) through SBI onlineThe subscription period for the Sovereign Gold Bond (SGB) Scheme 2021-22 - Series X began on Monday, i.e., February 28, 2022. On the nomina...
Sovereign gold bond issue to open for subscription on August 31: Here’s all you need to knowAnalysts are upbeat on the prospects of gold prices in light of the current economic situation as Covid-19 impact continues to linger. A fe...
BSE facilitates purchase of sovereign gold bonds in physical formInvestors were allowed to hold SGBs in dematerialised (demat) or electronic mode.
BSE begins mock trading for sovereign gold bondsFinance Ministry had last month said the sixth tranche of SGB is expected to be issued around the third week of October.
Fifth tranche of Sovereign Gold Bond expected to cross Rs 820 croreThese numbers are likely to go-up further as the receiving offices are still in the process of uploading information of huge rush of applic...