Gold bond issue price fixed at Rs 4777/gm

The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription from May 17, has been fixed at Rs 4,777 per gram, the RBI said on Friday.

The country’s foreign exchange reserves increased by $1.444 billion to $589.465 billion in the week ended May 7, 2021, RBI data showed.

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