Sovereign Gold Bond: Gold will be available at a lower price than the market, the sale will start on Monday 18th Dec

New Delhi: The price of gold continues to rise. Gold has reached its all-time high. The price of gold has reached around Rs 63000. If you are not able to buy gold due to the increase in the price of gold, then you have a good opportunity. On Monday, December 18, you have a chance to buy cheap gold. Once again Sovereign Gold Bond is going to be issued. The next series of Sovereign Gold Bond Scheme will open on Monday. With this, you will get a chance to buy cheap gold.

Opportunity to buy cheap gold for 5 days

The sale of Sovereign Gold Bond Series-3 will start on December 18. You will have time till 22nd December to invest in gold bonds. You can invest in gold for 5 days. This time the price for Sovereign Gold Bond has been fixed at Rs 6199 per gram. You can invest in gold bonds through online-offline mode. If you apply online and make a digital payment, you will get an additional discount of Rs 50 per gram. That means instead of Rs 6199, you will have to pay Rs 6149 for 1 gram of gold.

Features of Sovereign Gold Bond

• A Sovereign Gold Bond is a government bond, which means you do not need to worry about investment.
• You don’t have to worry about the purity of gold. Through this Sovereign Gold Bond, you invest in 24 carat i.e. 99.9% pure gold.
• You do not even need to keep gold safely, because it is a bond.
• You also get 2.50% interest annually on investment.
• You can also take a loan against the bond whenever you want.
• You can invest in gold ranging from 1 gram to a maximum of 4 kg.
• You can make this investment online while sitting at home.
• The maturity period of a Sovereign Gold Bond is 8 years.

How to Invest

You can invest in it through online-offline mode. You can get gold bonds by visiting any government bank branch, post office, stock exchange, or Stock Holding Corporation of India office. You just have to fill out an application form. After filling out the form, money will be deducted from your account. The bond will be transferred to your demat account. Also, read this.