Indians ‘spend’ less but ‘invest’ more in Gold
Demand for gold jewellery reduced due to spike in price but sovereign gold bonds December-tranche attracted record subscriptions
Demand for gold jewellery reduced due to spike in price but sovereign gold bonds December-tranche attracted record subscriptions
Those who apply online will get a discount of ₹50 per gramme on issue price, which is fixed at ₹5,923/gramme
Rise in gold ETF folios in last two years and over half of all sovereign gold bonds issuance in last 21 months highlights rising popularity of digital gold.