Sovereign Gold Bonds

Multifold gains for SGB 2019-20 Series VII investors as RBI allows exit

With the five-year lock-in period ending, investors in SGB 2019-20 Series VII can now opt for premature redemption

300% gains for 2017-18 SGB investors as RBI announces redemption value

Central bank pegs final payout at Rs 12,300 per unit for maturing gold bond issued in November 2017

SGB 2019-20-VI investors to bag 200% return as RBI sets redemption price

Central bank sets redemption price at Rs 11,992 per gram, based on the average closing price of gold of 999 purity

304% returns on 2018 gold bonds as RBI clears early exit: Details here

Investors holding 2018-19 Series-II sovereign gold bonds can redeem early in October, as the RBI has fixed the price at ₹12,704 per gram

Gold bonds maturing in July delivering over 200% returns: Check details

Sovereign Gold Bonds issued in 2018 and 2019 are set for premature redemption on July 1, offering investors over 200% return, plus tax-free gains and 2.5% annual interest.

RBI allows SGB redemption for 2017, 2018 series as gold tops Rs 1 lakh

The series have completed the mandatory five-year lock-in period and investors are allowed early exit

RBI partially devolves 10-yr green bond; $/rupee swap attracts 5 times bids

The RBI accepted Rs 1,054 crore worth of green bonds at the auction, against the notified amount of Rs 5,000 crore

Unfavourable design: Sovereign gold bonds are a drain on govt finances

Officials may argue that the scheme has outlived its purpose since India no longer has a troublesome current-account deficit

Centre may halt Sovereign Gold Bonds issuance from FY26 to reduce govt debt

Scheme said to have outlived its purpose of reducing physical gold imports

Call on fresh sovereign gold bonds to be taken after assessing markets

Indications were that decision on this would be taken in September

Buy-and-hold investors, avoid high secondary mkt premiums on SGBs

A key reason for the current delay is that SGBs have become an expensive borrowing route for the government

'Complex and expensive': Further tranches of sovereign gold bonds unlikely

The July Budget reduced the import duty on gold from 15 per cent to 6 per cent, lowering input costs for jewellers and deterring smugglers

July Budget and slashing of SGBs: A setback for portfolio balancing

Understandable if govt decided not to bear exchange and capital appreciation risks on SGBs anymore, but this would be a pity for investors who would no longer have this option to balance portfolios

Govt to decide on sovereign gold bond scheme continuation in September

Recently, SGB investors have expressed concerns due to market fluctuations and the government's decision to lower the customs duty on gold which may result in reduced returns on their investments

Investors bought Rs 27,000 cr of sovereign gold bonds in FY24: RBI report

Sovereign gold bonds have caught the fancy of investors who bought Rs 27,031 crore worth of the bonds last fiscal, an amount more than four times invested in 2022-23 on the prospects of higher returns and tax benefits. The bonds bought by investors represented a whopping 44.34 tonne of gold during 2023-24. In 2022-23, Sovereign Gold Bonds (SGBs) representing 12.26 tonne of gold were purchased for Rs 6,551 crore. "The aggregate sum raised during 2023-24 amounted to Rs 27,031 crore (44.34 tonne)," said the annual report of Reserve Bank, which issues the bonds on behalf of the central government. During the fiscal ended March 2024, the bonds were issued through four tranches. Since the inception of SGB scheme in November 2015, a total of Rs 72,274 crore (146.96 tonne) has been raised through 67 tranches. The price of 24 karat per 10 gram of gold has gone up from about Rs 62,300 to Rs 73,200 in one year. SGBs are government securities denominated in grams of gold. They are substitute

Want to invest in sovereign gold bonds? Know details before investing

The Reserve Bank of India (RBI) issues SGBs on behalf of the government

Gold price slips Rs 10 to Rs 66,260, silver drops Rs 100 to Rs 75,500

The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 75,500

Sovereign gold bonds help save $3.3 billion in India's gold import bill

The government launched the first SGB in November 2015, and the first two issues have matured giving significantly high tax-free returns to investors

Sovereign Gold Bonds 2023-24 Series IV opens today: Should you invest?

Sovereign gold bonds can be the best bet for those looking to protect their investments during market downturns.

Sovereign gold bonds shine in FY24 as high returns attract investors

The reason for the good response in FY21 and FY22 was because of the lockdown and as the jewellery stores were not open while SGB buying was possible through net banking