Скачать или смотреть Sovereign Gold Bond (11 Sep - 15 Sep) – (2023-24 Series II). क्या आपको Invest करना चाहिए?

This video is in Hindi and covers the following topics:

Sovereign Gold Bond – (2023-24 Series II)
Issue Price = 5,923 (5,873 per gram for online)
क्या आपको Invest करना चाहिए?
क्या Secondary Market से खरीदना अभी भी फायदेमंद है?
हमें कितना पैसा Gold में Invest करना चाहिए?
How to Invest?

Should you invest in Gold?
best way to buy gold amongst all options
Should you apply?

The sovereign gold bond scheme was launched in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings -- used for the purchase of gold -- into financial savings.

The RBI issues the bonds on behalf of the Government of India. The Sovereign Gold Bond Scheme 2023-24 - Series II will be open for subscription from September 11 – September 15

The issue price has been fixed at Rs 5,923 per gram of gold. Rs 50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode

For such investors the issue price of Gold Bond will be Rs 5,873 (per gram of gold)

Price of SGB is fixed in Indian Rupees on the basis of simple average of closing price of gold of 999 purity, for the last three working days of the week preceding the subscription period.
The tenor of the bonds will be for a period of eight years with an option of premature redemption after 5th year to be exercised on the date on which interest is payable.
The investors will be compensated at a fixed rate of 2.50 per cent per annum payable semi-annually on the nominal value.

The maximum limit of subscription is 4 kg for individual, 4 kg for HUF and 20 kg for trusts and similar entities per fiscal year.

The bonds can be used as collateral for loans/Pledging.

Since each SGB series gets listed on the stock exchanges, one can buy units from the BSE and NSE if one holds a demat account. 50+ series are trading in the cash segment of the BSE and NSE.

Flexibility with the maturity and lock-in period

SGBs mature after 8 years and come with lock in period of 5 years.

If you want flexibility with the maturity period and avoid lock-in, you can buy SGB’s from secondary market too.

Price

The buying price in the secondary market is normally below the physical gold price/issue price of fresh issue. This is typically a result of sellers willing to accept a discount in return for a quick exit from the instrument.

Interest Dynamics

SGB gives you 2.5% interest per annum paid twice a year. The interest is payable on the issue price of a particular series, not on your buying price in the secondary market. Thus, your purchase price should be lower than the issue price.

Taxation Benefits

The capital gains tax in SGB’s is nil if you hold it till maturity, that is after eight years. This is applicable even if you buy it in secondary market for the residual maturity.

Central banks around the world are accumulating gold in huge quantities amid growing economic uncertainties and a growing push towards de-dollarization. Gold is seen as a hedge against inflation and economic instability.

US central bank is near the end of its rate hike cycle. Good news for gold!

Gold prices have already corrected from their peak of Rs.61,845 per 10 gm