Cryptocurrency Q&A What is the minimum investment on SGB?

What is the minimum investment on SGB?

SejongWisdomSeeker SejongWisdomSeeker Wed Nov 06 2024 | 5 answers 1113
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? What is the minimum investment on SGB?

5 answers

SkyWalkerEcho 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.

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Valentina Valentina Fri Nov 08 2024
Individual investors are restricted to purchasing a maximum of 500 grams of gold through SGBs in each fiscal year.

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HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Fri Nov 08 2024
This cap ensures that no single investor can dominate the market excessively.

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TaegeukChampionship 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.

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CryptoLegend CryptoLegend Fri Nov 08 2024
The minimum investment required for investing in Sovereign Gold Bonds (SGBs) stands at 1 gram of gold.

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