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Second tranche of gold bonds opens for subscription. Should you invest?

China Usa India experts recommendations economy Coronavirus
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Sovereign gold bonds are one of the most recommended investment options in gold for long-term investments. Experts generally advise to limit gold exposure to 10% of the portfolio.Investment demand for the yellow metal has gone up recently due to the rise in the geopolitical tensions, especially between the US and China.

The second tranche of the sovereign gold bond scheme for the financial year 2021 opened for subscription on Monday. The issue has been priced at ₹4,590 per unit by the Reserve Bank of India (RBI).

Those applying online or making payment online will get a discount of ₹50. The first issue of sovereign gold bonds for FY2021 saw a good response, as investors bought 17.74 lakh units of the gold bonds worth ₹822 crore.

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United Kingdom
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Deaths: 141 607
Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
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