Reserve Bank Of India on behalf on Govt Of India will issue first series ( Tranche IV )of Gold bonds in financial year 2016-2017.This Gold bond issue will open on July 18, 2016. Features of Gold bonds are as follows: Issue open date: July 18, 2016. Issue close date: July 22, 2016. Issue Price: INR.3119…
Details Of GOI – Sovereign Gold Bonds 2015:
Recently Govt have announced about developing a financial asset – sovereign Gold Bonds – as an alternative to purchasing Gold in physical form.Prime Minister Shri Narendra Modi will launch the Gold bond Scheme on Nov 05, 2015. Few details of Gold bonds are as follows: Basis of Gold Bond price issuance :Gold bonds will be…
Why Systematic Investment (SIP) In Gold Makes Sense:
Few Days back,we have one post on Platinum prices when Platinum prices deepened suddenly & roll back.This post can be viewed Here: What Can Be Learned From This Platinum chart? I think Gold is going on similar way & there is sudden deep in the prices.Number of investors have this question in the mind –…