Gold Rate News: Last Chance to Buy Gold at Lowest Rates!
Gold Rate Today: If you are seeking a safe investment, the Sovereign Gold Bond may be an excellent choice. As it is a government initiative, investors may invest without danger. The second batch of Sovereign Gold Bonds is open from September 11 to September 15, 2023, with today being the last day. The price of gold has been set at Rs 5,923 per gram. Additinally, if you invest using digital payments, you will receive an additional discount of Rs 50 per gram, which means that the price of gold will be Rs 5,873 per gram if you buy it online.
Buy Gold at Cheaper Rates
The purpose of this Sovereign Gold Bond Scheme, which provides investors with good returns, is to lessen the need for actual gold. This is why the government sells gold at a lesser price than the market, and the price of gold has been set at Rs 5,923 per gram this time. The Indian Bullion and Jewellers Association Limited (IBJA) determines the issuance price of gold bonds, which is based on the closing price of 999 pure gold. In layman’s language, the price of a Gold Bond is determined by taking the simple average of the closing price of 999 pure gold issued by IBJA during the past three trading days of the week preceding the subscription period.
