Centre fixes price for Sovereign Gold Bonds at Rs.3,443 per gram.

Government of India has fixed the price at Rs.3,443 per gram for the new series of Sovereign Gold Bonds (SGBs) opening July 8.
Union Finance Ministry recently announced that Centre in consultation with Reserve Bank of India (RBI) has decided to allow a discount of Rs.50 per gram from issue price to those investors who apply online and payment which is made via digital mode.
Minimum Investment in bonds is 1 gram and a maximum limit of subscription of 500 gram/person/fiscal year (April-March).