The second tranche of gold bonds of this fiscal year (2020-21) will open for subscription tomorrow at a time when the investment demand for the precious metal is rising. Series II of sovereign gold bond scheme 2020-21 will close for subscription on May 15. The issue price of the latest gold bond scheme has been fixed at 4,590 per gram while the issue date is May 19. Those applying online and making payment through digital mode will get a discount of ₹50 per gram. For such investors, the issue price of bond will be ₹4,540 per gram of gold.
Valuation swell prompts large balanced advantage funds to lower sails
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