Sovereign Gold Bond scheme opens for subscription on Monday: Know why should you subscribe.

The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 4,786 per gram, the Reserve Bank of India (RBI) said on Friday.

Sovereign Gold Bond Scheme 2021-22 – Series XI will be open for five days for subscription from January 10 to January 14, 2022. RBI has stated that the nominal value of the bond works out to be Rs 4,791 per gram of gold. The settlement date will be January 18, 2021.