Archives for 

Gold

Sovereign Gold Bond Tranche III (March 2016)

Sovereign Gold Bonds Tranche III - March 2016 Government of India is coming out with the third tranche of Sovereign Gold Bonds from March 8 to 14, 2016. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Gold Bond Scheme: Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: March 8 to 14, 2016 […] Continue reading →

Sovereign Gold Bond Tranche II (January 2016)

Sovereign Gold Bond Tranche II Government of India is coming out with the second tranche of Sovereign Gold Bonds from January 18 to 22, 2016. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights of the scheme: Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: January 18 […] Continue reading →

Sovereign Gold Bond Scheme

Sovereign Gold Bond Scheme Budget 2015 first proposed Sovereign Gold Bond Scheme – an investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. We Indians love Gold and the idea is to give an alternative to investors who invest in Physical Gold. Sovereign Gold Bond Scheme – Salient Features The bonds would be […] Continue reading →

The End of Gold Saving Schemes

The End of Gold Saving Schemes In 2011/2012 a lot of Gold jewelry companies/shops had launched Gold Saving Scheme – an innovative way to sell jewelry which had become unaffordable due to sharp increase in Gold Prices. The broad scheme structure was the customer needed to pay for 11 installments and the company paid the last installment. The entire money could then […] Continue reading →

Why do Indians buy Gold?

Why do Indians buy Gold The love for Gold by Indians is a known fact and has been passed from generation to generation. India constitutes one fourth of the world’s gold demand and around 10% of Indian household saving in 2011-12 was invested in Gold. Morgan Stanley conducted a survey on Why did we Indians buy gold in last 12 […] Continue reading →

Gold ETF and e-Gold Turnover on Akshay Tritiya

Gold ETF - Exchange Traded Funds There were reports of heavy buying of Gold everywhere on the auspicious occasion of Akshay Tritiya on April 24, 2012. I thought of checking how did the new channels of buying Gold – Gold ETF and e-Gold performed. Below is the graph showing turnover of Gold ETFs on Bombay Stock Exchange (BSE) on April 24, 2012. Also […] Continue reading →