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Govt to give discount to investors using digital mode under gold bond scheme

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gold reserveNew Delhi, Jan 9 (IANS) The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode.

As per a statement from the Finance Ministry, for investors using the digit mode for subscription, the issue price of gold bond will be Rs 5,054 per gram of gold.

Otherwise, issue price of the bond during the subscription period will be Rs 5,104 per gram.

In terms of an October 9, 2020, notification, Sovereign Gold Bonds 2020-21 (Series X) will open for the period January 11-15, 2021 with Settlement date January 19, 2021.

READ ALSO:  Gold loan demand back on working capital requirement: Muthoot Finance

Source: IANS

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