What are Sovereign Gold Bonds?
Sovereign Gold Bonds (SGBs) are Government securities denominated in grams of gold. Issued by Reserve Bank on behalf of Government of India, SGBs offer returns that are directly linked with Gold returns plus offer 2.50% p.a. interest on investment value.
In terms of Pricing, SGBs follow a very transparent pricing* of Gold both during Investment and Maturity and come with the highest purity of Gold denoted by ‘999 purity’.
SGBs are issued in Demat making it a completely hassle-free, secure and a cost effective mode of holding Gold. Not only this, SGBs are Liquid as well as are listed on Stock Exchanges** plus are the most tax efficient^ modes of Gold investing.
Additionally, Collateral facility can also be availed against SGBs.
All this features make SGBs, one of the most prudent forms of investing in Gold. Add Sovereign Gold Bonds to your portfolio now.