This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price. The investors’ wealth could swell nearly 3 times on redemption due to skyrocketing gold prices. The 2016-17 Series IV bonds, issued in February 2017