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SBGLP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    41.4437$
  • Previous Close
    40.1172$
  • 52 Week Change
    117.49$
  • Day Range
    1.33$
  • 52 Week High/Low
    24.95$ - 142.44$
  • Dividend Per Share
    --
  • Market cap
    7 040 M$
  • EPS
    --
  • Beta
    0.046
  • Volume
    --

About

SBGLP.NSE refers to the Sovereign Gold Bonds 2016-17 Series II, Tranche 1, issued by the Government of India and traded on the National Stock Exchange (NSE). These bonds are government securities denominated in gold, offering investors a substitute for holding physical gold. SBGLP represents the specific series and tranche of these bonds, which were issued with a fixed interest rate and are redeemable in Indian Rupees upon maturity.
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Factors

Gold Prices: As SBGLP.NSE tracks gold, fluctuations in global gold prices directly impact its stock value. Rising gold prices typically drive up the stock, while falling prices depress it.

Company Performance: SBGLP's financial health and operational efficiency influence investor confidence. Strong production figures and cost management can positively affect the stock price.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and currency fluctuations can influence gold demand and, consequently, SBGLP.NSE's stock price. Uncertain economic times often boost gold's appeal as a safe haven.

Market Sentiment: Overall investor mood towards gold and related assets significantly impacts SBGLP.NSE. Positive sentiment can lead to increased buying pressure, pushing the price higher.

Regulatory Environment: Changes in regulations related to the gold industry or mining operations can create uncertainty and affect SBGLP.NSE's stock performance.

Geopolitical Risks: Political instability and geopolitical events often drive investors towards gold as a safe haven, thereby influencing the stock price of SBGLP.NSE.

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