Can we convert SGB to physical gold?

No, you cannot convert sovereign gold bonds to physical gold. However, SGBs are listed on the exchange and can be traded if available in demat format, converting SGB to physical gold is not possible.

How do I sell SGB before maturity?

If you want to sell it even before 5 year you can sell it anytime through stock exchange if held in the demat form. If not in demat form then you can covert it in demat form. The bond can be also be gifted or transfer to a relative/friend/anybody who is eligible to invest in the SGBs.

Can we extend SGB after 8 years?

In case of SGBs, redemption of gold bonds will be entirely tax free in the hands of the investor. (Gold bonds have tenure of 8 years and can be redeemed after a period of 5 years). However, if the SBGs are sold in the secondary market then they will attract capital gains at the extant rates.

Can you sell Sovereign gold bonds on stock exchanges?

You are allowed to sell sovereign gold bonds on stock exchanges or redeem prematurely Investors holding the bonds in dematerialized form can sell it on the stock exchange if they need the funds before its maturity.

What is Sovereign Gold Bond (SGB)?

Is it to meet a financial goal or for pure investment purpose. Sovereign gold bond (SGB) issued by the government is one of the ways to own gold in paper form. By investing in SGB, one will not get physical gold but will participate in any growth (or a fall) in the price of gold.

How to exit a gold bond investment early?

If you want to exit early, here’s how you can go about it. Investors holding the bonds in dematerialized form can sell it on the stock exchange if they need the funds before its maturity. The price of the bonds in the market will reflect the price of gold and the demand and supply of the bonds.

How to claim sovereign gold bonds without a nomination?

In the absence of a nomination, the bonds can be claimed by the legal heirs. The claim has to be supported by documents such as the Will and succession certificate. If you have more queries, write in to [email protected], which is a dedicated email created by RBI to address queries on sovereign gold bonds.