Holders of Sovereign Gold Bonds (SGB 2017-18) Series X earned handsome gains of Rs 6,669 or 225% per gram of gold on premature redemption. It was issued on December 4, 2017 at a price of Rs 2,961 per gram. The window for premature redemption was open between May 5 and May 26 when the investors … Read more
Nearly half of the gold underlying Sovereign Gold Bonds (SGBs) is fully backed by government reserves at current gold prices, senior officials told CNBC-TV18. The sources said the Centre has provisioned enough funding in the Gold Reserve Fund (GRF) to cover redemptions of 60–65 tons out of the 130 tons of gold currently outstanding under … Read more
The Centre has decided to discontinue the Gold Monetisation Scheme for medium-term and long-term deposits effective March 26, 2025. The government cited soaring gold prices as a contributing factor to this decision, with the possibility of the Rs 1 lakh/10 gm mark becoming a reality in the near future. In a statement released by the … Read more
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
In April 2025, investors holding select Sovereign Gold Bonds (SGBs) from the 2017-18 series will have the option for early redemption. The bonds eligible for redemption include SGB 2017-18 Series III, IV, and V, with redemption dates scheduled for April 16, April 23, and April 30. These bonds were originally issued at prices varying from … 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
With Sovereign Gold Bonds (SGBs) maturities approaching, investors should consider their options carefully. Whether to reinvest in new SGBs, explore other gold investments, or diversify into different asset classes depends on their individual financial goals and risk tolerance. Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, in an interview with BT Money Today discussed the potential impact … 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