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NEWS RELEASE - RJC CERTIFIES SEQUEL LOGISTICS
The second tranche of Sovereign Gold Bond (SGB) scheme attracted an investment of 2.7 tons of gold, three times more than the investment in first SGB. The number of participants too jumped six folds. Better pricing of the product, stable market conditions during offer period and mass promotion by the government resulted in success. Slowly, but surely, Indian investors are taking to paper gold. I believe that the market for SGB would grow in future with bigger promotion and pan-India availability.
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