استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Record demand for sovereign gold bonds despite price rise

September 27, 2023

|

Mint Mumbai

Indians purchase 11.67 tonnes of gold bonds worth ₹6,900 crore to hedge against inflation

- Ram Sahgal

Record demand for sovereign gold bonds despite price rise

Investor demand for sovereign gold bonds (SGBs) surged to a record 11.67 tonnes valued at ₹6,914 crore in the second tranche of the current fiscal year despite high gold prices.

Rising global macro uncertainty and high retail price inflation back home, amid rising crude oil prices, are driving investor demand, according to a banker and a senior broking official.

The latest issuance on 20 September marked the first instance of demand growth exceeding 10% since the bonds were first sold in November 2015 in any tranche. After this sale, the cumulative outstanding bonds managed by the Reserve Bank of India (RBI) on behalf of the government rose to 120.6 tonnes from 108.95 tonnes as of the first bond issuance of the current fiscal on 27 June.

المزيد من القصص من Mint Mumbai

Mint Mumbai

Mint Mumbai

Chip crunch hits laptops, budget smartphones

Prices of budget smartphones and laptops in India have risen by almost 10% and a further increase may be on the anvil next year.

time to read

2 mins

November 22, 2025

Mint Mumbai

Space startup Agnikul raises ₹150 crore

Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.

time to read

1 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

It's a new day for labour

Four consolidated codes advance equal pay for women, gig worker protection, gratuity after a year, health checks

time to read

5 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Global giants press for PLIs on aerospace components

Airbus, Boeing, Pratt & Whitney seek production-linked incentives like the one for drones

time to read

3 mins

November 22, 2025

Mint Mumbai

Digital gold stumbles, ETFs sniff opportunity

Fund houses are promoting gold ETFs as secure, regulated, transparent

time to read

2 mins

November 22, 2025

Mint Mumbai

When the music played

For all the years it was central to entertainment and information, the television was called \"the idiot box\", and a good vs bad debate continues to swirl around it long after many have cut cable and switched to streaming.

time to read

1 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Gratuity and benefits to soar for millions of employees

The government on Friday implemented four new labour codes, marking the biggest overhaul of workers’ laws in decades.

time to read

2 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Rising stars of mixed-doubles table tennis

Diya Chitale and Manush Shah are the first Indians to qualify for the WTT Finals

time to read

4 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

THE AGE OF MT

In the 1990s and 2000s, MTV changed Indian pop forever through innovative programming and VJs who gained their own fandom. When did it stop experimenting?

time to read

7 mins

November 22, 2025

Mint Mumbai

Mint Mumbai

Behind strong Q2 show, a shallow recovery

India Inc’s September-quarter print was shaped by small- and mid-cap outperformance, and sector-specific boosts for oil marketing companies, cement and consumption niches rather than a broad-based demand upturn.

time to read

3 mins

November 22, 2025

Translate

Share

-
+

Change font size