I'm considering investing in SGB, but I'm not sure about the minimum amount required. Could you please tell me what the minimum investment is for SGB?
5 answers
SkyWalkerEcho
Fri Nov 08 2024
The issuance of these bonds is structured in denominations that start from 1 gram and progress in multiples of the same unit.
Valentina
Fri Nov 08 2024
Individual investors are restricted to purchasing a maximum of 500 grams of gold through SGBs in each fiscal year.
HanjiArtistryCraftsmanship
Fri Nov 08 2024
This cap ensures that no single investor can dominate the market excessively.
TaegeukChampionship
Fri Nov 08 2024
In cases where the bonds have joint holders, the purchasing limits mentioned apply specifically to the first applicant listed on the bond.
CryptoLegend
Fri Nov 08 2024
The minimum investment required for investing in Sovereign Gold Bonds (SGBs) stands at 1 gram of gold.