The Narendra Modi government at the Center has allowed people to buy cheap gold on the festival of Rakshabandhan. August 3 is the festival of Raksha Bandhan. The Sovereign Gold Bond Scheme of the Central Government is going to start from this day itself.
The price of gold has been fixed at Rs 5,334 per gram under this bond scheme of the Modi government. In this way, consumers have to pay 52, 840 rupees to buy ten grams of gold.
Under this scheme of the Modi government, a rebate of Rs 50 per gram will also be provided to those making online payments. That is, you will get a benefit of five hundred rupees by making an online payment on ten grams of gold. Now, if we talk about the price of the gold market, then it is more than 54 thousand rupees per ten grams. In this way, you can give gifts to your sisters by purchasing cheap gold under the central government scheme on the day of Raksha Bandhan.