Sovereign Gold Bond opens on 9th November (Series VIII) – issue price fixed at Rs 5,177
Sovereign Gold Bond issue of Series VIII of 2020-21 would open for subscription on November 9, 2020. Sovereign Gold Bond scheme (SGBS) 2020-21 Price is based on the average price of the preceding 3 days of the issue opening date which is fixed by Govt of India. SGBS offers Rs 50 per gram as discount to investors who invest online in demat form. Many investors might be planning to buy gold this Diwali. This could be right series for them. In this article, I would provide Sovereign Gold Bond November 2020 (Series VIII of 2020-21) issue details.
What are Sovereign Gold Bonds?
You can skip this section if you are already familiar about SGB.