Sovereign Gold Bond Scheme Subject – Economy Context – Gold bond issue priced at ₹4,786/gm Concept – To know about the scheme, please refer August 2021 DPN.

    Sovereign Gold Bond Scheme Subject – Economy Context – The Reserve Bank of India (RBI) has announced the price for the Sovereign Gold Bond Scheme 2021­22 Series VI, which will be open for subscription August 30­September 3. Concept – The Sovereign Gold Bond (SGB) scheme was launched in November 2015with 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. […]