The fourth series of Sovereign Gold Bond Scheme- 2023-24 has opened. This is a great opportunity to buy cheap gold. Under the Sovereign Gold Bond scheme, you can invest in gold from 12th February to 16th February.
Here you can invest in 99.9% pure gold of 24 carat. In this, the price has been fixed at Rs 6,263 per gram. If you want to apply in this, you can do it online also, you will also get discount on this.
What is the price of gold?
If we look at the gold prices released by IBJA (India Bullion & Jewelers Association Ltd), then on February 12, 24 carat gold was Rs 6,238 per gram, 22 carat 6,088, 20 carat 5,552, 18 carat 5,053 and 14 carat Rs 4,024 per gram. Available on gram wise basis.
Where can you buy it?
- Can buy online and offline from banks
- You will get a discount of Rs 50/gram on online purchase.
- You can also buy from post office.
- Can be purchased through stock holding corporation.
- There is an option to buy from BSE and NSE platforms also.
How to apply online?
You can also apply for SGB through net banking at SBI. Know the process-
Step 1: First of all login to SBI Net Banking by entering your login details.
Step 2: Click on ‘e-service’ from the main menu.
Step 3: Click on Sovereign Gold Bond Scheme.
Step 4: Click on ‘Purchase’ from the header tab.
Step 5: Select the ‘Terms and Conditions’ tab and click on ‘Proceed’.
Step 6: Fill in the quantity you want to purchase. Fill the nominee details and submit.