What is Sovereign gold bonds?
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  • Investors

Sovereign Gold Bonds are government securities issued by Reserve Bank of India on behalf of the Government of India and earn an assured interest rate eliminating risk and cost of storage. 

 

Advantages of Sovereign Gold Bonds:

  • Superior alternative to holding gold in physical form.
  • Risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest.
  • No issues like making charges and purity in the case of gold in jewellery form.
  • Held in the books of the RBI or in demat form eliminating risk of loss of scrip etc
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