Wednesday 18 November 2015

RBI’s decision to fix gold bond price early has taken sheen out of this instrument

The gold bond scheme, which offers 2.75 per cent per annum interest is the best way to invest in gold for the long term. However, RBI's decision to fix the gold bond price early has taken the sheen out of this instrument. RBI fixed the gold bond price at ` 2,684 per gram, based on the average gold closing price given out by the India Bullion and Jewellers Association (IBJA)......Read More

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