If you want to take gold, take it, then you won't be left!!

 If you want to take gold, take it, then you won't be left!!

Steady rise in gold and silver prices

 The price of gold and silver may increase during the marriage period

 Business News : Good news for you if you also want to buy gold.  Gold prices were hot at the beginning of this trading week.  It has been going on for a long time now when the price of gold has seen ups and downs for the fifth trading day in a row.  Gold rose on Monday for the first consecutive trading day since last Thursday.  However, bullish streak continued in silver prices.

 On the fifth day of the trading week, Friday, gold rose by Rs 500 to Rs 69,380 per 10 grams.  While on the previous trading day on Thursday, the price of gold increased by Rs 95 per 10 grams to close at Rs 68,880 per 10 grams. Today, silver closed at Rs 77,600 per kg after increasing by Rs 500.  Earlier on Thursday too, silver had fallen by Rs 300 per kg and closed at Rs 77,100.

Latest 14 to 24 carat gold price

 Today, 24 carat gold closed at Rs 69,380, 22 carat at Rs 61,740, 18 carat at Rs 50,530 and 14 carat at Rs 35,929 per 10 grams. MCX and international market and gold market rates are exclusive of silver tax, so there is a difference in its rates in markets across the country.

 Since then, gold and silver have fallen below their all-time high rates.  Currently gold is at its highest price of Rs.3250.  5629 per 10 grams and silver at Rs.  It is getting cheaper per kg.  On December 4, 2023, gold and silver recorded the highest rate of inflation.  Gold touched Rs 61,646 per 10 grams on the day while silver was trading at Rs 76,464 per kg.

સોનું લેવું હોય તો હજી લઈ લેજો ,પછી કે’ તા નઈ કે રહી ગ્યાં!!

Invest in the Live Sovereign Gold Bond scheme: The Sovereign Gold Bond Scheme, issued by RBI on behalf of the Government of India allows you to enjoy the benefits of investing in physical gold and additional assured interest.

Invest in the live Sovereign Gold Bond scheme

Why you should invest

Freedom from the hassle of storing physical gold
Earn an additional 2.50% (Fixed Rate) interest p.a. on the amount of initial investment
It can be used as collateral for Loans and tradable on exchange
Exempt from Capital Gains Tax on redemption (Individual)

Sovereign Gold Bond 2023-24

Offer period:
Subscription opens on November 29, 2021, and closes on December 3, 2021. Bonds will be issued on December 7, 2021, by the Reserve Bank of India.

Issue price:
Rs.4,791/gram. (Government of India, in consultation with the Reserve Bank of India, has offered a discount of Rs. 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode, hence, Rs.4,741/gram).

Subscription limit:
Minimum investment in the Bonds shall be one gram with a maximum limit of subscribed shall be 4 Kg for individuals, 4 Kg for HUF, and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time.

Maturity:
The tenor of the Bond will be for a period of 8 years, with an exit option after the 5th year to be exercised on the interest payment dates.

To buy your Sovereign Gold Bond

• Apply through the Kotak Mobile Banking App.
• Watch demo video
• Apply via Kotak Net Banking
• Call our Customer Contact Centre on 1860-266-2666 *
• Visit your nearest Kotak Mahindra Bank

Buy gold only after seeing the hallmark

 While buying gold, customers should be aware of its quality.  Gold jewelry should be bought only by looking at the hallmark.  Hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines hallmarks.  The Hallmarking Scheme operates under the Bureau of Indian Standards Act, Rules and Regulations.

 Hole marks are given by ISO to identify the purity of gold.  999 for 24 carat, 958 for 23 carat, 916 for 22 carat, 875 for 21 carat and 750 for 18 carat.  Most gold is sold in 22 karat, while some people also use 18 karat.  The karat is no more than 24 and the higher the karat, the purer the gold is said to be.

Important link

Information In Gujarati

View