There are various gold investments products such as Gold ETF, Sovereign Gold Bonds (SGB) which allows you to diversify your investment portfolio.
The Series X Sovereign Gold Bond (SGB) Scheme 2019-20 is open for investors to subscribe. For investors keen on Gold investments, the SGB schemes offer sovereign promise, liquidity and other benefits. The window of investment is open from March 02 – March 06, 2020. The certificate of Bonds will be issued on 11th March 2020. In a nutshell: SGB Advantages • Risks and costs of storage are eliminated. • No issues related to making charges, melting charges, wastage charges, purity compared to jewellery. • Held in the books of the RBI or in demat form eliminating risk of loss of scrip etc. • No STT or Capital Gains Tax (as per Government of India guidelines) • The bonds can be used as collateral for loans. Here are key factors, investors should know before subscribing to the Sovereign Gold Bond. #1 Understanding SGB as a Financial Product? Sovereign Gold Bonds are a financial product floated by the Government of India and the Reserve Bank of India. These bonds offer Sovereign guarantee hence there is no default risk.
MOULTRIE, Ga.--(BUSINESS WIRE)--Southwest Georgia Financial Corporation (NYSE American: SGB) Reports Fourth Quarter and Record Full Year 2019 Financial Results
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southwest Georgia Financial Corporation (NYSE: SGB) (“SGFC”) to The First Bancshares, Inc. (NasdaqGM: FBMS). Under the terms of the proposed transaction, shareholders of SGFC will receive only 1.00 shares of The First Bancshares for each share of SGFC that they own. KSF is seeking to determine whether this con
NEW YORK, Dec. 20, 2019 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Southwest Georgia Financial Corporation ("Southwest" or the…
The First Bancshares, Inc. and Southwest Georgia Financial Corporation Announce Merger Agreement HATTIESBURG, Miss. and MOULTRIE, Ga., Dec. 18, 2019 - The First… | December 19, 2019