The Sovereign Gold Bond scheme is open for subscription till 16th July 2021. As per the Reserve Bank of India (RBI) notification, the price offered in this Sovereign Gold Bond Scheme 2021-22 — Series IV is ₹4,807 per gm. SBI take on Sovereign Gold Bond scheme 2021-22 series fourHowever, to enhance interest of the gold investors in this GoI-backed gold investment scheme, the State Bank of India (SBI) has listed out six golden reasons that are enough for an investor to invest in this scheme. To inform SBI customers about the benefits of this gold bond scheme, SBI tweeted, "Planning to invest in Gold? So, the SBI is trying to inform that one should not invest in Sovereign Gold Bond scheme keeping its eye on returns only.

Source: Mint July 14, 2021 04:41 UTC