Is The Sovereign Gold Bonds Scheme Closing? Know The Details | Paisa Live
ABP News Bureau
Updated at:
29 Jul 2024 01:23 PM (IST)
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View In AppIf you invest in Sovereign Gold Bonds, you might face a significant shock soon. According to media reports, the government may soon close this scheme or reduce its installments. This potential change comes in the wake of a decrease in customs duty on gold and silver announced in the Budget, which has led to a continuous decline in their prices. The reduction in customs duty has affected the value of gold, prompting the government to reconsider the continuation of the Sovereign Gold Bonds Scheme. For comprehensive details on this development and how it might impact your investments, be sure to watch the video till the end.