New Delhi: For the last few years, the Narendra Modi government of the Center has been running a special scheme to reduce the demand for physical gold. Its name is Gold Bond Scheme. Under this scheme, once again the Narendra Modi government of the Center is selling cheap gold. In this, The government sells gold in the form of bonds. The price of this gold is decided by the Reserve Bank of India. The Reserve Bank issues the price of this gold from time to time, which is cheaper and safer than the physical gold present in the market.
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This time the Reserve Bank of India has fixed the price of gold bond at Rs 5,117 per gram. On making digital payment for the purchase of gold bonds, a concession of 50 rupees per gram will be available. The value of the bond for such investors will be Rs 5,067 per gram. This scheme will start from August 31 and close on September 4. This means that you can buy gold during this period. You can buy a minimum of one gram of gold. To buy it, you have to contact your bank, BSE, NSE official website, or post office.
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It can be purchased digitally from here. This is a kind of secure investment because there is neither concern for purity nor a headache of security. Let us tell you that in the financial year 2019-20, the Reserve Bank of India issued a total of Rs 2,316.37 crore i.e. 6.13 tonnes of gold bonds in ten installments. At the same time, bonds are being issued for 6 consecutive months in the Corona era.
