If you are thinking about investing in gold then this is a great time for it. You have a chance to buy cheap gold under the scheme launched by the central government. The 12th series of the sovereign gold bond scheme of the central government has started today.
Under this scheme, people can buy cheap gold at a price lower than the market price till March 5. In this scheme, RBI has fixed the price of gold at only Rs 4,662 per gram.
At the same time, investors investing online in this scheme will also get an additional benefit of fifty rupees. That is, investors investing online in the scheme will have to pay only Rs 4,612 for one gram of gold. Under this government scheme, an investor can buy gold from one to a maximum of 500 grams.