Gold Bond

The Sovereign Gold Bond scheme flares today, allowing you to buy gold bonds at a fixed interest of 2.5-percent twice a year. Read this article to know everything about gold bonds

With gold prices on a decline, thanks to a rise in bond yields - globally and in India - analysts say investing in the yellow metal and the SGB scheme makes little sense right now

Apart from capital appreciation, you can also earn an annual interest income. Note, however, that that they are not very liquid

Total collection came to 14.071 tonnes worth of gold, with bonds amounting to Rs 4,127 crore, says government

Since last November, five tranches have been issued and a total of a little over 10 tonne equivalent was issued

The sixth tranche of the issue is expected to open on October 24

This latest bond issue will be at Rs 3,150 per gram, compared to fourth issue made at Rs 3,119

Govt is planning fourth tranche of gold bond issue under sovereign gold bond series in the first half of September

NSE sold more bonds than BSE

Reduces minimum subscription denomination to 1 gm which would be open for investments from July 18-22

Sovereign Gold Bond Scheme was announced in Oct 2015; first tranche will now be available for trading

Listing of bonds will give them much required liquidity