Gold Price for Issuance of SGB for subscription period- Dec.24-28, 2018
Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series IV) will be opened for the period December 24-28, 2018. The issue price of the Bond during this subscription period i.e. December 24-28, 2018, shall be Rs 3,119 (Rupees Three Thousand One Hundred Nineteen only) – per gram with Settlement on January 01, 2019, as also published by RBI in their Press Release dated December 21, 2018.
Government of India in consultation with the Reserve Bank of India has decided to allow discount of `50 (Rupees Fifty only) per gram from the issue price to those investors who applyonline and the payment is made through digital mode. For such investors the issue price of Gold Bond will be `3,069(Rupees Three Thousand Sixty Nine only) per gram of gold.