One of the options available for investing in gold is through Sovereign Gold Bonds (SGBs). The Sovereign Gold Bond 2023-24, Series III is the latest offering by the RBI. The minimum investment required for the Sovereign Gold Bond is 1 gram of gold, with a maximum limit of 4 kg for individuals and Hindu Undivided Families (HUFs). Additionally, Sovereign Gold Bonds are highly liquid and can be easily bought and sold on the stock exchanges. With the latest offering of the Sovereign Gold Bond 2023-24, Series III by the RBI, investors have another opportunity to diversify their portfolios and potentially earn returns on their investments.
Source: dna December 19, 2023 01:00 UTC