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Sovereign gold bonds open for subscription today; all you need to know

On a year-to-date basis, the prices of the yellow metal have surged over 27 percent.

August 31, 2020 / 09:28 PM IST

The sixth tranche of gold bonds for FY21 open for subscription on August 31 at Rs 5,117 per gram.

Those applying online will get a discount of Rs 50 per gram at Rs 5,067 per gram of gold. The Reserve Bank of India has fixed the minimum permissible investment at 1 gram.

The Sovereign Gold Bond Scheme 2020-21-Series VI will close on September 4. Date of issuance is September 8.