News From Press Sovereign Gold Bond 2023-24 Series III opens on Dec 18: Should you invest?

Sovereign Gold Bond 2023-24 Series III opens on Dec 18: Should you invest?

Source: Moneycontrol Dec 16, 2023

The Reserve Bank of India (RBI) has announced that the Sovereign Gold Bond (SGB) Scheme Series III for the financial year 2023-2024 will open on December 18. The launch of the new series has come on the back of gold prices increasing by more than 10 percent in 2023 and defying expectations amid a high interest rate environment. Given the run-up in prices, should investors go for this series or wait for the next one, which will open in February?

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