According to an advertisement issued by RBI, the fourth series of Sovereign Gold Bond Scheme 2021-22 begins on Monday, July 12. The price of gold per gram in the series has been fixed at Rs 4,807. State that sovereign gold bonds are issued by the RBI government.

According to the Ministry, these bonds will be sold through all banks, Stock Holding Corporation of India Limited, Post Offices and recognized stock exchanges, NSE and BSE. It may be recalled that they are not sold in Small Finance Bank and Payments Bank. Sovereign Gold Bond is a government bond that can be replaced as demat. It is not priced in rupees or dollars, but in gold weight. For example, if the bond is five grams of gold, the more the price of five grams of gold, the more the bond will be.

The bond is issued by the RBI government. The Sovereign Gold Bond Scheme was launched by the Government in November 2015. The fourth installment of Sovereign Gold Bond 2021-22 will be open for subscription from Monday to 5 days. According to RBI, if you apply online for bonds, you will get a discount of Rs 50 per gram. 4,757 for such an investor. Sovereign Gold Bond Scheme a person can purchase most of the 4 kg gold bonds in a financial year. At the same time, the minimum investment must be one gram. If there is a trust or an institution like it, it can purchase bonds up to 20 kg.

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