In financial year 2024, issuance of sovereign gold bonds in India surged up to around 270 billion Indian rupees. This was a significant increase from around 65 billion rupees worth of issuance in the financial year 2023. Sovereign gold bonds, originally introduced as an alternative to physical gold, are slowly gaining traction in India.
Value of sovereign gold bonds issued in India from financial year 2016 to 2024
(in billion Indian rupees)
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Moneycontrol. (May 30, 2024). Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/
Moneycontrol. "Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees)." Chart. May 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/
Moneycontrol. (2024). Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/
Moneycontrol. "Value of Sovereign Gold Bonds Issued in India from Financial Year 2016 to 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/
Moneycontrol, Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/ (last visited December 21, 2024)
Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees) [Graph], Moneycontrol, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1364548/india-value-of-sovereign-gold-bonds/