Great opportunity to buy gold cheaply??
If you like to invest in gold then this news is especially for you. The Modi government has given a chance to buy gold cheaply for the last time at the end of the financial year 2021-22. Sovereign gold Bond is the last series of the year. This bond will open from 28 february to 4 march -that is, you will have 5 days to buy cheap gold.
Price of one gram of gold
This time the luck of one gram of gold has been kept at Rs 5,109. On the other hand, if you pay online, you will also get a discount of Rs 50.
What is Sovereign gold Bond?
The government has started Sovereign gold Bond keeping in mind the investors. Investing in Sovereign gold Bonds does not get physical gold. However, this gold is much safer than physical gold. In recent times, the rate of 1 gram of gold in the market is around Rs 5100. That is, the government is giving gold at a very low price.
How to buy bonds?
You can get Sovereign gold Bond from any recognized stock exchange like NSE, BSE. Apart from this, you can also buy your bank from public or private sector banks. You can also buy from Stock Holding Corporation of india (SCHIL) and Post Offices. However, it is not sold in small finance and payment banks.
How much interest will you get?
Sovereign gold Bond has a maturity period of 8 years, in this, the interest is available at the rate of 2.5 percent per annum. The best part is that according to the rules of the Income Tax Department, you also get tax exemption in this.
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