Can you buy gold at affordable prices? Can gold bonds help?
When it comes to investment, the first thing that comes to mind is gold, and even today many women desire gold jewelry and see it as an investment. In this situation, the central government introduced a new scheme in 2015, which is the Sovereign gold Bond Scheme - SGB, targeting those who want to buy it only to invest in gold. Under this scheme, the recipients can invest in a gold jewelery in the form of bonds instead of buying it in cash or jewellery. A special feature of this is that the difficulty of securing gold is reduced to a great extent. And protecting a gold bond is a bit simpler than protecting gold jewelry or coins. Especially in a developing country like india with a strong spiritual foundation, the circulation of gold is increasing day by day.So these gold bonds are now slowly gaining popularity among many people. In this case, the indian government has once again given an opportunity to buy gold bonds at a lower price than the current market price. The central government is now giving an opportunity to buy gold at cheap rates ahead of the budget. According to this, the scheme is scheduled to start on december 18, which falls under the gold Bond Scheme 2023-24.
It is also worth noting that people can avail this opportunity till december 22. It has also been announced that it will start on february 12 next year. It is also worth noting that the government of india directly sells gold bonds only in certain weeks every year. Therefore, many people who want to invest in this can benefit from this short period, the Reserve bank has said in a statement released recently.
It is also worth noting that people can avail this opportunity till december 22. It has also been announced that it will start on february 12 next year. It is also worth noting that the government of india directly sells gold bonds only in certain weeks every year. Therefore, many people who want to invest in this can benefit from this short period, the Reserve bank has said in a statement released recently.