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Investors holding Sovereign Gold Bonds from October 2020 could be in for a Diwali treat, with the opportunity to redeem their bonds and earn a handsome return of over 150%.The Reserve Bank of India (RBI) has announced the early redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series-VII, giving investors the option to redeem…
SGBs are witnessing heightened interest from retail investors in the secondary market. (AI image) Ahead of Diwali and Dhanteras, gold prices have been skyrocketing this festive season. Investors are looking at investment avenues – and Sovereign Gold Bonds (SGBs) are gaining huge traction in the secondary market. SGBs offer an eight-year investment period with a…
AI image used for representative purposes Gold’s price has experienced a significant surge, rising over 50% annually and achieving a 30% CAGR over three years, according to MCX data. In India, the festive season traditionally sees high demand for gold, both for jewellery and investment purposes.While gold investments in any form require income tax payment…
