India Business News: The Sovereign Gold Bond Series-IV 2023-24 is now open for subscription. Learn about eligibility, pricing, features, and discover five ways to invest in this gold bond.
Sovereign gold bonds or SGBs are government securities that are a secure form of investment. The issue price for the current tranche has been set at Rs 6,263 per gram as compared to Rs 6,199 per gram in December 2023.
Indians hold a unique and unexplained fondness for gold that goes beyond its market value. Opting for SGBs can provide a means to invest in gold without the complications of storing and securing physical gold assets.