SGBs are government securities denominated in grams of gold. The eighth tranche of the gold bond scheme, which opened for subscription on Monday, November 9, will be available for investing till Friday. Bonds are sold through scheduled commercial banks, SHCIL, designated Post Offices, National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd either directly or through their agents. …
In Gold They Trust: Some Lawmakers Hold Precious Metal Enlarge this image Seth Wenig/AP Seth Wenig/AP Ready to buy gold yet? A survey of their personal financial disclosure reports from 2009 and 2010 shows dozens of lawmakers investing in gold, gold derivatives and gold mining companies, even if it rarely amounts to a major share of their portfolios. He reported …