Despite an allocation of Rs 18,500 crore for SGBs in the FY25 Budget – down from Rs 26,852 crore in the interim Budget – no ...
The Indian government will discontinue the Sovereign Gold Bond (SGB) scheme Finance Minister Nirmala Sitharaman confirmed in ...
The Union Government has decided to stop the Sovereign Gold Bond (SGB) scheme, which was launched in 2015, primarily due to ...
In the absence of new SGB issuances, investors are left with alternatives such as gold exchange-traded funds (ETFs), gold ...
Economic Affairs Secretary discusses the impact of Sovereign Gold Bond scheme and government's approach to green bonds.
The Reserve Bank of India (RBI) last issued SGBs in February 2023. With SGBs now being discontinued, here are a few ...
The last time the gold bond was opened to the public for subscription was in February 2024 at Rs 6,262 per gram of gold.
Gold prices surged to a record high in the domestic futures market on Monday due to uncertainty regarding US President Donald Trump's tariffs. Gold futures on the Multi Commodity Exchange (MCX) jumped ...
The interest rate offered on these bonds is 2.5 per cent per annum on the amount of initial investment that investors pay to buy the bond. Sovereign Gold Bonds are one of the cheapest ways of ...
Discontinuation of sovereign gold bonds are in the talks, according to Ajay Seth at the Post Budget Press briefing. The ...
The interest on the Gold Bonds will be paid at a fixed rate of 2.50 per cent a year on the nominal value of the bond beginning on the day of issue. The interest shall be paid in half-yearly ...