The government has given a chance to invest in gold, people can avail benefits for five days from today

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If you are planning to invest in gold amid Coronavirus infection, then there is good news for you. It is reported that people have been given the opportunity to invest money in Sovereign Gold Bonds by the government. Under the Sovereign Gold Bond Scheme 2021-22 launched by the government, any person can invest in gold from today till January 14. 

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The government has fixed a price of Rs 4,786 per gram for sovereign gold bonds. However, on applying online and making digital payments, a discount of Rs 50 per gram will be given to the customer. Under this, a person will have to spend only Rs 4,736 to buy one gram of gold. 

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Significantly, Sovereign Gold Bond is a government bond, which is issued by the Reserve Bank of India. It can be converted in the form of demat. Its value is in the weight of gold.