Investors in Sovereign Gold Bonds have got more than 110% returns in 5 years
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Money doubled here in 5 years
The scheme we are talking about is Sovereign Gold Bond. In this, investors’ money has doubled in the last 5 years. You can invest in Sovereign Gold Bonds. The government has issued 66 tranches of Sovereign Gold Bonds in the last eight years. Since November 2015, investment in these has given an annual return of 13.7 per cent. Sovereign Gold Bond has given bumper returns to the investors in the last 8 years. In the first series in the financial year 2017-18, the RBI had fixed the gold rate at Rs 2,901 per gram. RBI has fixed the price of premature withdrawal of sovereign gold bonds for the financial year 2017-18 at Rs 6,115 per gram. In such a situation, the investors who had invested in Rs 2,901 will now get money at the rate of Rs 6,115 per gram. Investors have got 110% more returns in 5 years.
Buy gold bonds like this
You can buy Sovereign Gold Bond from any government bank or Stock Holding Corporation of India Limited, Post Office. Sovereign Gold Bonds can also be bought from any of the recognized stock exchanges.
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