There is excellent news for you if you also have a plan to purchase gold at a low price (Gold Price). The Central Government and PNB are providing you with the opportunity to purchase inexpensive gold. There are still 3 days left. In other words, if you are also considering having wedding jewellery manufactured, now is a good time to acquire gold for sale. This time, you have the opportunity to purchase gold at a rate of Rs 5,926 per gramme. This information was provided by Punjab National Bank in the official tweet.

How much does gold cost?

There are currently 3 days left in the Government Gold Bond (SGB) Scheme 2023–24 that the government launched. The cost of gold has been set at Rs 5,926 per gramme for this. On the other hand, if you purchase gold online, you will pay Rs 5876 for each gramme.

Tweeted PNB

PNB stated in its official tweet that a minimum of 1 gramme of gold must be purchased. In addition, investors with Individual and HUF can only invest up to 4 kilogrammes in gold. The trust’s maximum investment is 20 kilogramme at the same time.

What stores sell sovereign gold bonds?

All banks are permitted to issue sovereign gold bonds, with the exception of Small Finance Banks and Payments Banks, Stock Holding Corporation of India (SHCIL), designated post offices, and recognised stock exchanges such as the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE). purchased from BSE).

PNB – How many years until maturity

The maturity of a sovereign gold bond is 8 years. You can leave this arrangement after five years, on the day of the subsequent interest payment. The investor in a sovereign gold bond must put up at least one gramme of gold. The investor can borrow money against a sovereign gold bond if necessary, but the gold bond must be pledged.

Read more: How to file an ITR at home, see step-by-step instructions

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