NEW DELHI : The next issue of the sovereign gold bond series V 2021-22 will open for subscription on Tuesday. Online investors will get a ₹50 discount, and the issue will be priced at ₹4,740. As the gold prices have corrected in the recent past, the issue is priced lower than the previous three issues of FY2021-22. “Gold prices have softened in the past few weeks to touch a one-month low. The rising US dollar and treasury yields on the back of a sooner-than-expected policy tightening by the Fed have largely led to softening of gold prices.

Source: Mint August 09, 2021 06:56 UTC