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More than ₹ 820 crore expected to be realised through Fifth Tranche of Sovereign Gold Bond (SGB) Scheme from 1st to 9th September 2016; This is mobilised through over 2.00 lakh applications representing around 2.37 tonnes of gold; The next tranche of SGB Scheme is expected around the third week of October 2016 prior to Diwali with additional features to attract more consumers.

News and Press Release - Dated:- 22-9-2016 - Press Information Bureau Government of India Ministry of Finance 22-September-2016 12:37 IST The amount realised through the 5th Tranche of Sovereign Gold Bond (SGB) Scheme, is expected to cross ₹ 820 crore. This was mobilised through over 2.00 lakh applications representing around 2.37 tonnes of gold. These numbers are likely to go-up further as the receiving offices are still in the process of uploading information of huge rush of applications .....

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e 5th Tranche of Sovereign Gold Bond (SGB) Scheme was open from 1st to9th September, 2016. The issue price of the Sovereign Gold Bond in 5th tranche worked-out to a still higher level ₹ 3,150 per gram of gold based on the average of closing price of gold of 999 purity for the week August 22 to 26, 2016, as published by the India Bullion and Jewellers Association Ltd. (IBJA). The Government will come-up with more tranches in 2016-17. The next tranche of SGB is expected around the third week .....

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