News From Press Investors lap up 5.3 tonnes of gold bonds

Investors lap up 5.3 tonnes of gold bonds

The government has garnered Rs 2,540.87 crore through the Series 1 of FY22 offering, the second-highest by quantity only to August 2020's record 6.35 tonnes.

Source: ET May 29, 2021

Investors have subscribed for an impressive 5.31 tonnes of gold under the government's latest sovereign gold bond offer, underscoring revival of interest for the yellow metal, which has hit three-month highs of Rs 4,777 a gram, ex taxes.

Read more

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Good news for insurance agents! They can use this platform to track and receive commissions in real-time

Mid, smallcap funds and how to get the best out of them

Sector & thematic funds: Prospects, not past returns, should be your guide

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced

Inheritance Tax Re-Introduction: 4 effective succession planning tips for HNIs

MF Query: If there is no sudden crash then Rs 50,000 corpus per month turns to Rs 50 lakh in 5 years

MF share in NSE cos hits fresh high in Q4

No bias, no emotion; With quant funds the 'matrix' takes the calls

RBI not likely to cut interest rates soon; how this delay can impact bond investors, what they should do

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

How many seats will the BJP led NDA win in 2024 Lok Sabha election?

351 or above

276 to 350

201 to 275

200 or below

EVENTS FORUMS