Gold bond scheme sees record ₹919cr in 4th tranche
The government's collections under the Sovereign Gold Bond scheme realised through the fourth tranche reached around ₹919 crore, the highest achieved yet, a release read. With issue price fixed at ₹3,119 per gram, the amount was mobilised through over 1.95 lakh applications representing around 2.95 tonnes of gold. The SGB scheme was launched as an alternative to keeping physical gold.