Sovereign Gold Bonds 2023-24 Series IV Opens On Feb 12: What Are Gold Bonds & How to Invest? | SGB

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Sovereign Gold Bonds 2023-24 Series III Opens On Dec 18: What Are Gold Bonds & How to Invest?

The Reserve Bank of India or the RBI has announced two more tranches of Sovereign Gold Bonds.The SGB series 2023-24 III and IV. The issue price for Series 2023-24 III is at Rs 6,199/gram, as per RBI. Sovereign gold bonds of SGBs are government securities denominated in grams of gold. It's like an alternative to gold. Investors pay the issue price and the bonds will be redeemed at maturity. These are issued directly by RBI on behalf of the Govt and all you need is your PAN number to apply for these bonds. Here's Where To Buy Them. Watch.

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LindaDaiz
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Please share the calculations done by your experts which says that, money will ne doubled in 8 years

With 12% interest rate money should be doubled in almost 6 years

yateshjoshii