Sovereign Gold Bonds (SGBs) that are available on the exchanges are trading at a higher premium to their reference price.
For instance, on an average, the closing prices of the topmost 15 liquid SGB series were eight percent higher than their reference price, as of August 14, 2024. The price of gold with 999 purity, published on ibjarates.com, is the reference rate for SGBs.
Starting 2015, the Reserve Bank of India (RBI) has launched 67 SGB tranches and issued 14.7 crore units.
Indian Institute of Technology Madras (#IITMadras) has received the largest single #donation in its history of R. 228 Crore from its distinguished alumnus awardee Dr Krishna Chivukula (MTech, 1970), founder and CEO, Indo-MIM
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Sovereign Gold Bonds (SGBs) that are available on the exchanges are trading at a higher premium to their reference price.
For instance, on an average, the closing prices of the topmost 15 liquid SGB series were eight percent higher than their reference price, as of August 14, 2024. The price of gold with 999 purity, published on ibjarates.com, is the reference rate for SGBs.
Starting 2015, the Reserve Bank of India (RBI) has launched 67 SGB tranches and issued 14.7 crore units.
1 year ago | [YT] | 0
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Indian Institute of Technology Madras (#IITMadras) has received the largest single #donation in its history of R. 228 Crore from its distinguished alumnus awardee Dr Krishna Chivukula (MTech, 1970), founder and CEO, Indo-MIM
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