SGB returns outpace those of ETFs: Report

Recent amendments in the Finance Bill, 2023, have rendered gold funds unattractive compared to sovereign gold bonds (SGBs), which enjoy capital gains tax exemption on the returns.

Your Questions Answered: I’m 60 and want to invest my gratuity amount in gold. Can you elaborate on the SGB scheme IV?

SGBs are a secure investment option backed by the Government of India, offering capital appreciation and interest rate of 2.50% annually. They offer several advantages over physical gold such as safety, zero risk of handling, easy exit options and cost-effectiveness.

Sovereign gold bonds are the best way to have exposure to yellow metal, says ICICI Direct

Sovereign gold bonds (SGBs) remain the best way to take exposure to gold, a recent report by brokerage house ICICI Direct Research suggested. This is due to an additional 2.5 percent per annum interest and no capital gains tax.

Sovereign gold bonds: RBI announces dates for early SGB redemptions. Here's what it means

The RBI announced that the SGB investments can now be prematurely redeemed between April 1, 2023 and September 30, 2023.

Sovereign Gold Bond issue price fixed at  <span class='webrupee'>₹</span>5,409/gram of gold, subscription opens Monday; All you need to know

The Sovereign Gold Bonds (SGBs) 2022-23 Series IV will open for subscription during March 06-10, 2023, the finance ministry had said on Thursday. Price of SGB is fixed in Indian Rupees on the basis of simple average of closing price of gold of 999 purity, published by the India Bullion and Jewellers Association Limited (IBJA) for the last three working days of the week preceding the subscription period.

Looking to buy gold coins this Dhanteras? Key reasons to buy them, tax and other considerations

Investing in gold coins is common, especially, when gold prices fall rapidly. The appeal for gold is so high that Indians continue to buy them irrespective of how much they are looking to earn from them. 

Investing in Sovereign Gold Bonds? Be aware of the risks involved

Invest in SGBs only if you are ready to stay in them for the long haul. You may buy them only if you have an eight-year financial goal in mind.

Sovereign Gold Bonds saw maximum traction in COVID-hit years; next SGBs tranche opens today

The next tranche of SGBs is scheduled to open for subscription for five days beginning Monday. The issue price has been fixed at  <span class='webrupee'>₹</span>5,091 per gram of gold. It will be the first issuance of the current fiscal.

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SGB returns outpace those of ETFs: Report

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