Reserve Bank has fixed the public issue
price at Rs 2,684 per gram for the sovereign gold bonds, for which applications
will be accepted from November 5 to 20.
Aimed at providing an alternative to buying physical gold, the gold bond scheme
will offer investors an interest rate of 2.75 per cent and a choice to buy
bonds worth 2 grams of gold, up to a maximum of 500 grams....Read More
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