The next tranche of Sovereign Gold Bond opens for subscription on 12 February, with an issue price of ₹6,263 per gram, according to the latest announcement from the government. This popular investment scheme allows individuals to invest in gold without physically owning it.
Sovereign Gold Bonds (SGBs) are substitutes for holding physical gold and are government securities denominated in grams of gold. Unlike physical gold, which only appreciates in value, SGBs provide an annual interest of 2.5%, payable semi-annually. This makes them an attractive investment option for those looking for both gold exposure and regular income.