Gold bonds close for subscription today. Key points to know before investing – Mint

Gold bonds close for subscription today. Key points to know before investing – Mint

The sixth tranche of gold sovereign bonds for this fiscal year, opened for subscription on Monday, closes today. The issue price was set at ₹5,117 per gram and investors applying online and paying online receive a reduction of ₹50 per gram. The minimum authorized investment is 1 gram of gold.

Gold prices in India have been very volatile in recent weeks and are currently trading at around…

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