New Delhi: It is often seen that people consider gold as a medium safe investment. But in the past, there has been a continuous increase in the price of gold and it is becoming far from the reach of the general public. However, from time to time, the Modi government offers a chance to buy cheap gold through a bond under a special scheme. The new series of this scheme is starting on September 9. Let's know what this scheme is and how you can buy cheap gold.

In the year 2015, the Modi government started the Sovereign Gold Bond scheme. Under this series of schemes, people are given the opportunity to buy gold bonds from time to time. The price of this bond is less than the price in the market. The rate of gold of Sovereign Gold Bond Scheme is determined by the Reserve Bank of India.

Now this series is starting from Monday (9 September) and is going to end on 13 September. This time the rate of gold bond has been fixed at Rs 3,890 per gram. If you talk about the market then the rate of gold is Rs 3,927 per gram. Accordingly, the rate of gold bond is less by Rs 37 per gram. With this, the buyer will get an additional concession of Rs 50 per gram on payment in digital mode. That is, there will be a discount of Rs 87 per gram on gold.

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