loader2
Partner With Us NRI
  • Current Gold Price:
  • Since last search:
  • 5 Day:
  • 30 Days:
  • 90 Days:
BSE NSE
Expected XIRR on Gold (%)
Scrip Name Issue Price Last Price Historical Return (%)* Time to maturity Current Yield (%) Indicative Price on Maturity# Indicative Gain (Rs.)# Indicative Return (%)# Action

Scrip Name Issue Price Last Price Historical Return (%)* Time to maturity Current Yield (%) Indicative Price on Maturity# Indicative Gain (Rs.)# Indicative Return (%)# Action
* Return since inception CAGR %
# Indicative Price on Maturity, Indicative Gain and Indicative return are for illustrative purposes only. Actual Price on maturity and returns can vary
Top 5 Sovereign Gold Bonds

Top 5 Sovereign Gold Bonds on Exchange

BSE NSE
Expected XIRR on Gold (%)
Scrip Name Issue Price Last Price Historical Return (%)* Time to maturity Current Yield (%) Indicative Price on Maturity# Indicative Gain (Rs.)# Indicative Return (%)# Action
2.75% Sovereign Gold Bond 30 Nov 2023 2,684.00 5,967.34 122.3% 0Y 5M 18D 1.24%
229 8.3% Buy
2.50% Sovereign Gold Bond 20 Nov 2025 2,961.00 5,999.00 102.6% 2Y 5M 9D 1.23%
1,263 8.1% Buy
2.50% Sovereign Gold Bond 11 Jun 2027 3,196.00 5,950.00 86.2% 4Y 0M 1D 1.34%
2,171 8.1% Buy
2.50% Sovereign Gold Bond 20 Jul 2029 4,807.00 5,968.90 24.2% 6Y 1M 11D 2.01%
3,794 8.4% Buy
2.50% Sovereign Gold Bond 11 Aug 2028 5,334.00 5,998.35 12.5% 5Y 2M 2D 2.22%
3,205 8.6% Buy
* Return since inception CAGR %
# Indicative Price on Maturity, Indicative Gain and Indicative return are for illustrative purposes only. Actual Price on maturity and returns can vary
See All

What are Sovereign Gold Bonds

A perfect alternative to physical Gold

Gold Bonds are issued by Reserve Bank of India

Each bond is issued at the prevailing price of gold

Post issuance, bonds are listed on stock exchange

On Maturity, Bonds are redeemed at the then prevailing price of gold

Above gold linked returns, get 2.5% interest p.a. on investment value

How it works​

How-NPS-Works How-NPS-Works

SGB Comparison​

PARTICULARS​ PHYSICAL GOLD​ DIGITAL GOLD​ SOVEREIGN GOLD BONDS​ GOLD ETFs​ GOLD MUTUAL FUNDS
Offered by Retail jewellers, Banks MMTC-PAMP India, Augmont Gold Ltd, Digital Gold India (Safe Gold). Reserve Bank of India, Stock Exchanges Stock Exchanges Mutual Fund Houses, Distributors
Investment Limits No minimum or maximum limit No minimum or maximum limit Minimum: 1 gm of gold -Maximum: 4kg for Individual & HUF, 20kg for Trusts Minimum: 1 unit (1gm of gold) -Maximum: No limit Minimum: Rs. 100 -Maximum: No limit
Returns No regular return on investment No regular return on investment Interest at 2.5% p.a., disbursed half yearly No regular return on investment No regular return on investment
GST Applicability No GST No GST No GST
Costs Making Charges upto 25% -Storage Costs 3-6% spread of additional costs Negligible Costs Upto 1% Expense Ratio Upto 1% Expense Ratio
Lock-in period No Lock-in No Lock-in Lock-in of 8 years (redemption window after 5 years) No Lock-in No Lock-in
Tradability Not Tradable Not Tradable Tradable on Exchange Tradable on Exchange Not Tradable
Rating

SGB Calculator

Your Investment
Grams
5,147
5,147
Your gain, if Gold Prices go up by % CAGR over years

Sovereign Gold Bonds

6,177
+
1,029
=
Gold Bond Returns
7,206
Physical Gold
6,177
+
0
= ---
Only Gold Returns
6,177

Why Invest in Gold

Safe Haven during Economic Turmoil

Upside Potential due to Inherent Demand

Portfolio Diversification

Easy Liquidity & No Credit Risk

Hedge aginst Inflation & Currency Depreciation

Low/negative Correlation to other Assets

Low/negative Bonds Yields and Real Rates

QE & B/S expansion by Central Banks

Why is Sovereign Gold Bonds the best form of Gold investment

Fixed Interest

RBI offers 2.5% Assured Interest p.a. on initial investment

Tax Advantage

With No Capital Gain Tax if Held to Maturity* & No TDS on Interest

Sovereign Guarantee

On Redemption Amount & Interest Payment

Discount

₹ 50 discount/gm for online investment

Low Cost

Zero Risk & Cost of Storage - Securely Held in Demat form

Liquidity

No Lock-in & Listed on Stock Exchanges

Historical Performance of Gold

Articles

Card image cap
What is Sovereign Gold Bonds Interest Rate & How Its Paid?

One of the major attractions of investing in SGBs is the sovereign gold bond interest rate. 

Card image cap
Gift SGB This Festive Season

Sovereign gold bonds issued by the government can also be gifted to your relatives, friends or immediate family members.

Card image cap
Sovereign Gold Bonds Vs Mutual Funds

Most investors are familiar with the investment vehicles like mutual funds and sovereign gold bonds as well as the SGB and mutual funds difference at an intuitive level. 

Card image cap
What Is The Lock In Period In Sovereign Gold Bond

The concept of lock-in period of sovereign gold bonds has to be understood at various levels. 

Card image cap
Pros And Cons Of Investing in Sovereign Gold Bond

Sovereign gold bond benefits are numerous. It is simple, it is non-physical and it offers interest over and above gold price appreciation.

Card image cap
Should you purchase discounted SGBs on the exchange?

Purchasing Sovereign Gold Bonds (SGBs) from the stock exchange can help you get a discount if you invest in them at the right time.

Videos

SGB Presentation

Research Report

FAQs

SGBs are Government Securities denominated in grams of gold. They are substitutes for holding physical gold. The Bond is issued by Reserve Bank on behalf of Government of India.
Price of the Bonds (nominal value) shall be fixed in Indian Rupees on the basis of simple average of closing price of gold of 999 purity published by the India Bullion and Jewelers Association Limited for the last three business days of the week proceeding the subscription period. The issue price of the Gold Bonds will be ₹ 50 per gram less than the nominal value to those investors applying online.
The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the bond shall be one gram with a maximum buying limit maximum limit of subscription shall be of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities per fiscal year as notified by the government from time to time provided that a. annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market; and b. the ceiling on investment will not include the holdings as collateral by banks and other Financial Institutions.
Yes. An individual can buy 4Kg worth of gold every year as the ceiling has been fixed on a fiscal year (April-March) basis.
The maximum limit will be applicable for the first applicant in case of a joint holding for the specific application.
SGB will be issued in either demat mode. The customers will be issued Certificate of Holding on the date of issuance of the SGB. Certificate of Holding will be sent directly to e-mail ID from RBI, if the e-mail ID is provided in the application form.
The interest of 2.50% p.a. will be credited semiannually to the registered bank account and the last interest will be payable on maturity along with the principal.
The bonds will get matured after a period of 8 years. Premature redemption can be done from the 5th year onwards.
On maturity, the redemption proceeds will be equivalent to the prevailing market value of grams of gold originally invested in Indian Rupees. The redemption price shall be based on simple average of closing price of gold of 999 purity of previous 3 business days from the date of repayment, published by the India Bullion and Jewelers Association Limited. The option of taking the physical delivery of gold is not available in case of these bonds.
Both interest and redemption proceeds will be credited to the registered bank account number furnished.
There may be a risk of capital loss if the market price of gold declines. However, the investor does not lose in terms of the units of gold which he has paid for.
The bond can be gifted/transferable to a relative/friend/anybody who fulfills the eligibility criteria (as mentioned at Q. no. 4). The Bonds shall be transferable in accordance with the provisions of the Government Securities Act 2006 and the Government Securities Regulations 2007 before maturity by execution of an instrument of transfer which is available with the issuing agents.
Premature redemption of these bonds is allowed only upon completion of 5 years from the date of allotment and this can be done only on the interest payment dates which is twice a year. Capital gains tax arising out of redemption of these bonds has been exempted which makes it a more lucrative investment opportunity from the longer term perspective when compared with other forms of gold. However, in case if you wish to exit from these bonds before the completion of 5 years, you also have the option to trade these bonds in the secondary market. We understand that listed bonds at times have limited liquidity which may result in volatile prices. Hence, for the benefit of our customers we only allow limit orders to be placed. In case if these are traded in the secondary market upon completion of 3 years, capital gains arising would be taxed @20% with indexation benefit and in case if these are traded within 3 years the gains would be taxed at the marginal tax rate, which is the tax rate in which an investor falls.