Modi government is selling cheap gold from today
Modi government is selling cheap gold from today
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New Delhi: Shopping malls, religious places, hotel restaurants are opening in the country from Monday after being closed for about two and a half months during the lawdown, which will have the token system for entry under the new rules. From today, the Modi government is also giving investors a chance to buy cheap gold.

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Under Sovereign Gold Bond Scheme 2020-21 Series-3, you can subscribe during 8 June i.e. from Monday to 12 June. The third series installment will be released on 16 June. According to information provided by the Reserve Bank of India (RBI), the issue price for Sovereign Gold Bond has been fixed at Rs 4,677 per gram. Significantly, two previous series have been invested. RBI said in April that the central government will issue sovereign gold bonds in 6 installments between April 20 and September.

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Sovereign Gold Bond 2020-21 will be issued by the Reserve Bank of India (RBI) on behalf of the Government of India. The government has decided to give a concession of Rs 50 per gram to digital paying investors applying online. The issue price of the bond for such investors will be Rs 4,627 per gram. The Sovereign Gold Bond Scheme was launched in November 2015, the purpose of this scheme was to reduce the demand for physical gold, to use a part of domestic savings to buy gold.

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