₹45,732 per 10 gram while silver rates slumped to ₹47,337 per kg. An unexpected jump in US employment sent world equities and oil surging on Friday on hopes that the global economy has started to recover from the coronavirus pandemic, putting pressure on perceived safe haven assets like gold and bonds.However, holdings in gold ETFs are still near a record high, according to data compiled by Bloomberg to about 3,130 tons as of Thursday, up more than 20% so far this year.Meanwhile, the third tranche of sovereign gold bonds will open for subscription on Monday and will remain open till June 12.
The issue price for Sovereign Gold Bond has been fixed at ₹4,677 per gram of gold. The RBI had in April had announced that the government will issue.