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Sovereign Gold Bonds Scheme has been approved by govt. Modalities of the scheme are as follows:
As investors will get returns that are linked to gold price, the scheme is expected to reduce the demand for physical gold. The bonds will offer same benefits as physical gold. They can be used as collateral for loans and can be sold or traded on stock exchanges as they are available in demat form.
By: Vishal ProfileResourcesReport error
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