Union Government Fixes Sovereign Gold Bonds Rate at Rs 2,952/gram

Posted on:01 Dec 2017 14:51:53
Union Government Fixes Sovereign Gold Bonds Rate at Rs 2,952/gram
01 December 2017 Current Affairs: The Union Government fixed 2,952 rupees per gram as the price of new series of sovereign gold bonds (SGBs).

The government, in consultation with the Reserve Bank, has decided to offer a discount of Rs 50 per gram to investors applying online and making payments digitally.

The issue price will be Rs 2,902 a gram for investors applying online and the payment through digital mode.

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