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Sovereign Gold Bond Offer: Government sets price at Rs 6,199 per gram, with online discount

  • Gold prices have witnessed a substantial surge in 2023, increasing by Rs 7,582 per gram from the initial price of Rs 54,867 at the beginning of the year
  • The government is presenting an attractive investment opportunity with the Sovereign Gold Bond, launching a new series on December 18
  • Online and digital payments for the Sovereign Gold Bond offer a discount of Rs 50 per gram, making the effective purchase price Rs 6,149

20 Dec 2023

Sovereign Gold Bond Offer: Government sets price at Rs 6,199 per gram, with online discount

On December 20, 2023, the prices of gold and silver witnessed a notable increase, according to the India Bullion and Jewelers Association (IBJA) report. The cost of 10 grams of gold rose by Rs 365, reaching Rs 62,449, while the price for 10 grams of 18-carat gold is now Rs 46,837.

Simultaneously, silver prices rose by Rs 388 per kg, crossing Rs 74,040, compared to its previous rate of Rs 73,652. This upward trend follows a previous surge in silver prices that had crossed Rs 77,000 on December 4. Golden opportunity to invest in Sovereign Gold Bond till 22 December.
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