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Sovereign Gold Bond at Rs 2,961/gram

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New Delhi : The price of the new series of Sovereign Gold Bonds (SGBs), opening on Monday, has been fixed at Rs 2,961 per gram, the government said on Friday. The government, in consultation with the Reserve Bank, has decided to offer a discount of Rs 50 per gram to investors applying online and making payments digitally. “For the next subscription period November 13-15, 2017, the issue price shall be Rs 2,961 per gram,” the finance ministry said.