Red 5 Limited is pleased to announce the release of its March '24 Quarterly Activities Report today on the ASX. Reporting our fourth consecutive quarter above 50,000 oz of gold production with our net debt continuing to reduce and the operational outlook remaining bright for the June Quarter we remain confident of achieving the top end of our FY24 guidance range (195-215koz of gold). With the #gold price featuring heavily in the media recently (see https://lnkd.in/gW2J-MHr for one example), it's a great time to be producing in a jurisdiction like Western Australia. JOIN OUR WEBCAST AT 10:30am AEST TODAY (8:30 Perth) TO HEAR MORE FROM MANAGEMENT ON THE QUARTER JUST GONE AND OUR OUTLOOK FOR THE REST OF THE YEAR. REGISTER AT THE LINK BELOW: https://lnkd.in/gticWirJ Full quarterly report can be viewed at: https://lnkd.in/g5MjNqMW And the accompanying slides can be accessed here: https://lnkd.in/gCRqty-u $RED #gold #goldinvesting Mark Williams Richard Hay David Coyne David Maher BYRON DUMPLETON Kevin Oborne Craig Hatch Graham Burns Robert Evans Kim Gundersen
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New issue of Sovereign Gold Bonds(SGBs) will open for Subscription from September 11, 2023 to September 15, 2023. The Main Features of the Sovereign Gold Bond - ✓Minimum Investment required is 1 Gram and Maximum investment is Upto 4 KG. ✓Price per unit is INR 5873 for the online payment & INR 5923 is for offline Payment. ✓Bonds can be sold anytime on the stock exchanges and therefore, it offers the Liquidity feature. The Benefits of having the Investments in the Sovereign Gold Bonds- ✓Investors who are investing in the SGBs are assured of the market value of gold at the time of maturity and additional interest of 2.50% every year. ✓ Investments in the SGBs, eliminates the risk and cost of storage as the same is there in the Physical Gold. ✓Capital Gain arising on redemption of SGB after 8 years to an individual is exempted from the Capital Gain Taxation.
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What factors are supporting the high gold price? Our latest gold report will help SMSF trustees understand gold’s past performance and its current market drivers. Read the report here: https://ow.ly/eYku50QRShp #ThePerthMint #Gold #Investing
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The public subscription for the Sovereign Gold Bonds 2023-24 Series IV is open from February 12 to February 16, 2024, for a period of five days. The issuance is scheduled for February 21, 2024. Who ever missed the last SGB Series III tranche, can apply it now, till 16th February, 2024 #gold #goldinvestment #sgb #investments #commodities #preciousmetals
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The first batch of Sovereign Gold Bonds is set to mature tomorrow, offering substantial gains for investors. Here's a quick rundown of what you need to know: 🔹 Series I Bonds Highlights: Issue price: Rs 3119 per gram Final Redemption Price: Rs 6271 per gram Impressive 101% price value gain! Investors received a semi-annual interest of 2.5% p.a. Make sure to update your account details as the proceeds will be transferred to your registered account. But wait, there's more! Series IV of Sovereign Gold Bonds is opening for subscription from 12th February to 16th February, offering another opportunity to capitalize on these benefits. 🔹 Why Invest in Sovereign Gold Bonds? Rs. 50/gram discount No making charges and GST like for jewellery Safest investment option 2.5% interest p.a. No capital gains tax if held till maturity. LTCG, if sold after 3 years of purchase. Don't miss out on this golden opportunity! Invest smartly for a brighter financial future. To explore more investment options like this, feel free to contact us at info@saturnconsultinggroup.com. #Saturnconsultinggroup #scg #alwaysaheadofthecurve #InvestmentOpportunity #SovereignGoldBonds #FinancialFreedom #SmartInvesting #SaturnConsultingGroup
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Sovereign gold bonds💰📈 👉These bonds have an eight-year tenure allowing you to exit from the fifth year✅️ 👉It offer a 2.5% annual interest rate paid semi-annually✅️ 👉 It eliminates the need to store physical gold✅️ #Finance #sovereigngoldbonds #StockMarket #newsletter #3gemsnewsletter
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Gold Investment Goals 🌟✨: Considering the soaring gold prices and the potential for safe and secure returns, it's time to explore Sovereign Gold Bonds (SGBs)! Discover the benefits of SGBs, including fixed interest and tax advantages, while avoiding the hassle of physical storage. Follow Nine Star Broking Pvt Ltd for investment insights and tips! 💰📈 #GoldInvestment #SovereignGoldBonds #InvestSmart
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Founder @ The Mind and Company | Leading the charge towards better Mental Health for all | Passionate educator for CA aspirants
My grandparents purchased gold & kept it in bank lockers. My parents purchased gold, kept it in bank lockers. I purchased gold but I DON'T keep it in bank lockers. My gold investment >> their gold investment How I invest in Sovereign Gold Bonds (SGB) No physical gold, and benefits galore 𝗣𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗴𝗼𝗹𝗱 : Only price appreciation benefit. 𝗦𝗕𝗚'𝘀 • Interest Income @ annual rate of interest offered. • Capital Gains Tax Exemption if held until maturity. This tax advantage can make SGBs a more tax-efficient investment compared to physical gold • No Storage Costs. I dont need bank lockers to store and no security costs. No safekeeping required. • Liquidity. Listed on stock exchanges, providing liquidity and ease of tradability. • Price Transparency. The pricing of SGBs is linked to the prevailing market price of gold, providing transparency to investors. This can be advantageous for those who want a clear understanding of the value of their investment at any given time. Let your gold WORK smarter, not just SHINE brighter Sovereign Gold Bond 2023-24 Series III opens today. #SGB #GOLD
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Hi, Sovereign Gold Bonds is opening again on 18th Dec' 2023 and closing on 22nd Dec' 2023. Price is Rs.6199/- per gram. (Rs.50 discount if applied through us online) In my opinion, SGBs are the best way to invest in Gold. Besides appreciation, it offers 2.50% interest (taxable) and the maturity amount is tax-free. If you consider interest payment + tax-free maturity benefit + zero holding cost, SGB can earn you around 11% tax free returns per year i.e. 3.00%-4.00% more return per year as compared to physical/other forms of gold. Also, it is much better than Bank FD. If interested, please reply with 'Yes' and we will do the needful.
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HR Intern at BIRLA CARBON PVT (LTD) || MBA '25 || HR & Marketing || EX- Intern at L&T || Finance enthusiast || Valuation || Crypto₿ ||
SOVERERIGN GOLD BOND (SGB) 1. What are sovereign gold bond? 2. Features and benefits of sovereign gold bonds. 3. How to invest in sovereign gold bonds 4. Eligibility criteria for investing in SGB 5. Tax implications of investing 6. Risk associated 7. Comparison with other gold investment options. 8. Conclusion and key ways. #rbi #sebi #govt #goldtrading #stockmarket #commodities #bonds #zeebusiness
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📢🔒 #Gold continues to shine ✨✨ in financial markets as investors recognize its value as insurance within their portfolios. Despite not always being the center of attention, gold remains a reliable asset during times of uncertainty. The recent sharp rise in the market further confirms its importance. #Investing #FinancialMarkets #SafeHaven
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Experienced Transformational Mining Leader and Engineer
4moAnother great consistent result, showcasing the determination and dedication of all of our employees and business partners. Well done all and let’s keep it going!