They're better as they pay interest and aren't taxed at maturity; but you need to invest long term
Applications for the bond will be accepted from April 24, to April 28, 2017
The issue price of the gold bonds will be Rs 50 per gram, less than the nominal value
This would be the last offering for the current financial year
The 5th tranche of sovereign gold bonds will open from tomorrow up to September 9
Premiums which used to be 10% to the spot market price of gold drop to 3-5%; subscription open till Friday
Closes 7% higher than the opening price on BSE
The first tranche of the bonds were issued at Rs 2682, and the first trade took place for 4 grams at Rs 2986, which is a nearly 11.5% premium, including interest