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Sovereign Gold Bond

Reserve Bank of India started issuing a new type of bond called Sovereign Gold Bond (SGB) in November 2015. The bond is issued by RBI on behalf of the Government of India. Each unit of the bond is equivalent to a gram of gold. The price of the bond is linked to the price of the gold. The price is calculated by taking the average of the closing price of gold of 999 purity for the last 3 business days of the week. RBI follows the price of gold published by IBJA.


The way numbers are formatted varies across various countries. In this post, I am going to talk about how to configure localization in Paisa so you can use the number formatting you are familiar with.

The User Interface localization is controlled by configuration, and the Journal file localization is controlled by the commodity directive.