A good way for investors to capture the gold asset class is through Sovereign Gold Bonds (SGB). You can add small amounts in each tranche offered by the government.
The second tranche of gold bonds of FY 2020-21 is open till 15th May with the offer price for digital payments at Rs 4,540 per gram, about 1% lower than Rs 4,589 per gram for the previous tranche. To encourage digital payments, the government is offering a Rs 50 discount per gram. Investors using the physical mode will have to pay Rs 50 per gram more at Rs 4,590 per gram.
Here are a few FAQs on these bonds if you plan on investing: https://m.rbi.org.in/Scripts/FAQView.aspx?Id=109
The second tranche of gold bonds of FY 2020-21 is open till 15th May with the offer price for digital payments at Rs 4,540 per gram, about 1% lower than Rs 4,589 per gram for the previous tranche. To encourage digital payments, the government is offering a Rs 50 discount per gram. Investors using the physical mode will have to pay Rs 50 per gram more at Rs 4,590 per gram.
Here are a few FAQs on these bonds if you plan on investing: https://m.rbi.org.in/Scripts/FAQView.aspx?Id=109
