InvestorQ : Can you share the details of the 5th Tranche of Sovereign Gold Bond (SGB) Scheme for 2021?
Neha Samdani made post

Can you share the details of the 5th Tranche of Sovereign Gold Bond (SGB) Scheme for 2021?

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shivangi Arora answered.
1 year ago
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The fifth tranche of SGB opened for subscription on Monday, 9th August 2021, and it shall remain open for the investors until August 13, 2021. The issuance price of the bond will be Rs 4,790 per gram. Also, the investors who apply online and pay via a digital channel shall be allowed a discount of Rs 50 per gram on the issuance price. So, the effective price for such investors will be Rs 4,740 per gram.

Gold is one of the highly demanded precious metals, and the market demand remains stable even after there are numeral fluctuations in the market. This means the unsystematic risk of irregular swings in gold’s intrinsic value is negligible, making your investment grow substantially over time. 

SGB are investments that are ideally connected to the price of gold in the open market, besides it also provides additional returns in the form of interest to the investors. This SGB plan is open to residents, Hindu Undivided Family, and charity groups. 
If you invest in SGB or a similar investment like digital or paper gold, you could benefit from: more liquidity, no storage costs, and are easier to sell than actual gold, no making charges, etc.
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