Sovereign Gold Bonds (SGB), one of the popular gold investment tool, were debt securities issued by the Reserve Bank of India (RBI) on behalf of the government, with each unit representing a gram of gold. These bonds can be traded in the secondary market, allowing investors to potentially gain capital. Additionally, the government utilises SGBs … Read more
Three Sovereign Gold Bonds are due for premature redemption in April 2025, offering investors significant returns. Calculations show potential earnings, excluding interest, as high as 199% depending on the series. In April 2025, investors holding specific Sovereign Gold Bonds (SGBs) from the 2017-18 series will have the opportunity for premature redemption. The bonds affected include … Read more
Sovereign Gold Bonds are one of the most sought-after gold investments available at present. The Sovereign Gold Bonds (SGB) are government securities denominated in grams of gold, offering an alternative mode of investment to physical gold. The government-backed gold bonds were initially issued by the Reserve Bank of India on behalf of the government. However, … Read more
SGBs: As the Reserve Bank of India is not issuing any new tranche for Sovereign Gold Bonds, investors now are willing to buy the government-backed gold bonds from the secondary market, i.e. the stock exchanges. Investors have the option to acquire Sovereign Gold Bonds through the primary market when the government declares subscription periods or via … Read more
Sovereign Gold Bonds (SGBs) have become a popular investment avenue, offering the allure of gold without the need for physical ownership. However, various economic factors may compel the government to reconsider or pause the issuance of SGBs. This year, we have seen a delay in issuing SGBs, as it is already August and there is … Read more
Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and attractive coupon rates. With speculation over new issuances in the future, these listed bonds have seen increased demand. By mid-August 2024, the top 15 most liquid SGB series were closing 8% higher than … Read more
The Reserve Bank of India (RBI) has announced a final redemption price for the first tranche of the sovereign gold bond (SGB) scheme at Rs 6,938 per gram and fixed the redemption date as August 5, Monday. Those who invested in the scheme have made an income of a whopping 122% (Rs 3,819) over the … Read more
Sovereign Gold Bonds: The next tranche of the Sovereign Gold Bond (SGB) scheme, initially launched on August 5, 2016, is scheduled for redemption on August 5, 2024, after an eight-year holding period. These bonds were purchased at Rs 3,119 per gram and have provided substantial returns to investors. Out of the 2.6 tons originally acquired, 225.322 … Read more
The Centre and Reserve Bank of India (RBI) backed Sovereign Gold Bond Scheme 2023–24 Series III schedule for the fiscal year 2023-2024, which opened for subscription on December 18, will close for subscriptions on December 22, 2023 (Friday). The issuance of these bonds is scheduled for December 28, 2023. Last week, RBI announced that the … Read more
The Reserve Bank of India (RBI) revealed the Sovereign Gold Bond (SGB) Scheme Series III schedule for the fiscal year 2023-2024, which is set to commence on December 18 and conclude on December 22. The RBI has established the issue price for SGBs 2023-24 Series III at Rs 6,199 per gram, with a discount of … Read more