You can buy gold at a very cheap price amidst inflation! How did RBI tell?
You can buy gold at a very cheap price amidst inflation! How did RBI tell?
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The price of gold continues to rise amid the ongoing war between Russia and Ukraine. However, amidst all this, if you are planning to not invest in gold, then you have a great chance. In fact, the issue price for the government gold bond scheme 2021-22 has been fixed at Rs 5,109 per gram. Yes, and those interested in investing in it can apply from February 28. Let us tell you all that recently the information has been given by the Reserve Bank of India (RBI) in which it has been mentioned that the 10th instalment of the gold bond scheme for the year 2021-22 will be open for subscription on February 28. Yes, and you can apply for this scheme till March 4.

Not only this but there is a provision of exemption for those applying online for the same. Let us all tell you that the RBI said, "The base price of the gold bond will be Rs 5,109 per gram.'' At the same time, there is an offer of other discounts for those who make online application subscriptions. It is being said that under this offer, investors applying online after consultation with RBI will get a discount of Rs 50 per gram. This means that after that, the rate will come down to Rs.5,059 per gram. Yes, and for this, the defaulter will have to pay digitally. Let us tell you all that the issue price of gold bonds will be Rs 5,059 per gram for investors making online payments as stated by the RBI.

At the same time, under this scheme, the RBI will issue bonds on behalf of the government of India. In fact, the central bank says that the bonds will be sold through the Stock Holding Corporation of India Limited (SHCIL), designated post offices and a recognised stock exchange like NSE and BSE. However, earlier, the ninth schedule of 2021-22 was open from January 10 to 14.

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