For easy and wide access, the government plans to market the bond through post offices and various brokers.
Chirag Mehta, senior fund manager -- alternative investments at Quantum AMC, shares his views.
Investors should allocate 10 to 15 per cent in their portfolios to gold through sovereign gold bonds.
It plans to use it as collateral, along with forex reserves, to print currency.
'Gold could benefit from the resulting risk aversion, as happened last year.'
The Bureau of Indian Standards has certified 33 hallmarking centres in the country to act as collection and purity testing centres for the gold monetisation scheme.
What are the tax implications of investing in gold bonds issued by the State Bank of India? Is there any tax liability associated with investing in gold? Read on to find out.
Given the economic trends, it might make sense to allocate some savings to gold.
The government should partner with commodity exchanges such as MCX.
With new rivalries, fresh team colours, and familiar faces reunited, this isn't just the start of a new season-it's a blockbuster waiting to unfold.
Anil Rego, founder and CEO of Right Horizons, an end-to-end investment advisory and wealth management firm with multi-metro presence, will answer all your queries in an online chat on October 27, between 2 pm and 3 pm.
'You should always maintain an allocation to gold as it has the ability to counterbalance any correction in the equity market.'
Paris Paralympics Pranav Soorma and his father Sanjeev have quite a few things in common, the most striking being their looks -- well-groomed beards complimented by their ponytail hairstyle.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'Investors with as little as Rs 1 can start investing in digital gold.'
The retailers are also mulling putting a stop to selling of gold coins and gold bars to curtail investments made in gold, according to an official of trade body All India Gems and Jewellery Trade Federation.
India's gold obsession needs a correction.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.
People who have no access to or do not trust the financial system are the only ones for whom investing in gold makes sense, says Naval Goel.
The RBI has issued guidelines and the government has notified it.
Equity markets will turn attractive and bonds and gold are likely to lose their sheen this year as domestic growth revives following the recent reforms and the improving global environment.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
'Right now hockey is totally changed and anyone can beat anyone depending on the day. It depends on how many chances you create.'
Kajol and Rani Mukerji looked beautiful in shades of red, as they indulged in the Bengali ritual of Sindoor Khela at the North Bombay Sarbojanin's Durga puja pandal in Mumbai.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
A tale of terror, courage, and humanity -- one father's desperate escape, a mother's sacrifice, and Kashmiris who saved lives.
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
Athletes need not have prior relationship for sharing medals at big events, say Katie Moon
Players like Ola Electric, Ather Energy, Kinetic Green and BGauss are introducing premium services and infrastructure enhancements.
Sukanya Verma lists everything that's there on OTT this week.
Despite price correction, policies that support the yellow metal will remain in place in the foreseeable future.
RBI will auction Rs 1,000 crore worth of these bonds next Tuesday.
Experts recommend buying gold as the fundamentals supporting a rally have not changed.
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
Sangeeta Bijlani -- who's a gorgeous 64 years old -- stole the spotlight at the Lakme Fashion Week
Gold stocks in India are estimated to be over 20,000 tonnes at present.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
Novak Djokovic's journey to the podium was fuelled by unwavering determination and the unwavering support of his young daughter, Tara.
