Want to hedge against risky bets? Invest in the current SGB tranche

But keep a 5-year horizon; choose gold ETFs if you wish to exit sooner

Series I of the Sovereign Gold Bond Scheme (SGB) 2023–24 is open for subscription from June 19 until June 23, 2023. This tranche is being sold for Rs 5,926 per gram, with a discount of Rs 50 available to online subscribers.

Positive outlook
 

Gold, which has historically served as a hedge against inflation and other economic concerns, has delivered a compound annual growth rate (CAGR) of 9.5 per cent over the past 15 years, 7 per cent over 10 years, and 13 per cent over five years.

Vijay Kuppa, chief executive officer (CEO), InCred Money, says, “Gold also acts as