Looking to invest? Why you should buy gold bonds from secondary market

With 5 out of 7 tranches trading at discount, there is good opportunity for investors

Retail investors, betting on the yellow metal, have a good option now – the Sovereign Gold Bond (SGB). And the deal has gotten sweeter for those who want to buy these bonds in the secondary market on the platforms of the Bombay Stock Exchange or the National Stock Exchange.

Currently, five out of the seven tranches are trading at a discount, making them a lucrative option for investors. For example, SGB tranche number five or the one which will mature in September 2024 is trading at Rs 2,828.6 (one gram) – a discount of 10.2 per cent. Only the first