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Sovereign Gold Bond, abbreviated as SGB, is a government security issued by the Reserve Bank of India (RBI) on behalf of the Government of India. It is denominated in grams of gold and is linked to the price of gold in India. It is also an interest-bearing bonds, carrying an interest of 2.5% p.a. paid in two installments in a year. [1] [2]
At the beginning of 2024, gold was trading at approximately $2,043 per ounce. As of this writing, it has risen to just over $2,340 per ounce, marking a gain of greater than 14% in under six months.
Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week.
The dollar moved lower and failed after attempting to rise early in the trading session. U.S. yields moved lower, which weighed on the greenback, paving the way for higher gold prices. In their ...
2–3 July – 2024 India-Bangladesh floods: At least sixteen people are killed by floods and landslides in Assam and Arunachal Pradesh, while over 300,000 more are displaced. [106] [107] 5 July – A victory parade is held in Mumbai by the Indian cricket team following their victory in the 2024 ICC Men's T20 World Cup. [108] [109]
It can dispense gold coins ranging from 0.5 grams to 100 grams. [11] [12] [13] In the machine, people can use credit or debit card. [14] It gives 24/7 service to their customers [15] and also gives the live price of gold. [16] The gold will be of 24 carat and can store 5 kg gold. [17] [18] It gives pure and hallmarked gold coins. [19]
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The 2024 Sikkim Gold Cup (also known as 2024 All India Governor's Gold Cup) was the 40th edition of the Sikkim Gold Cup, hosted by the Sikkim Football Association. [1] [2] The tournament featured sixteen teams, including Indian Super League and I-League academies, I-League 2, State leagues and international invitees from Bhutan, Malaysia, Nepal ...