Gold Silver Reports (GSR) – Plan to invest in gold through bonds? A government-run scheme that allows gold investments in non-physical form will close for subscription today for the month. The second series (Series II) of Sovereign Gold Bond (SGB) scheme 2019-20 will open every month till September, according to a statement by Reserve Bank of India (RBI).
Sovereign Gold Bond scheme tenure
GOLD ALERT : Government Announces Gold Bond Scheme: Important Dates, Eligibility And Other Details
The government on Monday said it would issue gold bonds every month from October to February next year. The issuance of gold bonds will be under the SGB or Sovereign Gold Bonds scheme 2018-19, the Ministry of Finance said in a statement.