Is it good to buy SGB now?

SGBs offer a more efficient, lucrative and economical mode of holding gold compared to physical gold. Not only are SGBs a productive asset earning interest, but they have the additional benefit of a sovereign guarantee.

Is it beneficial to invest in gold bonds?

As a low-risk investment, it is perfect for investors with a low-risk appetite. Compared to physical gold, the cost to purchase or sell SGBs is quite low. The expense of buying or selling the SGB is also nominal in comparison to the physical gold.

When will the Sovereign Gold Bond 2020-21 be issued?

Sovereign gold bond 2020-21 dates (Series IX) – 28th December, 2020 to 1st January, 2021 These bonds are issued by RBI on behalf of the Government of India, hence are considered as one of the safest investment options. These gold bond units would be issued to investors on 5th January, 2021 after subscription is closed.

What are the next 6 tranches of Sovereign Gold Bond (SGB)?

RBI has announced the next 6 tranches for the issue of Sovereign Gold Bond (SGB). Below are the dates for subscription from May 2021 to September 2021 The sovereign gold bonds will be issued in six tranches as per the calendar shown below:

What is the minimum amount required to invest in sovereign gold bonds?

The Minimum Subscription is 1 Bond (1 gm of Gold) The Maximum investment limit is 4 KG of gold (4,000 SGBs) per financial year. Only Resident individuals, HUFs, Trusts, Universities and Charitable Institutions. Non-resident Indians (NRIs) can’t invest in Sovereign Gold Bonds.

Should you invest in sovereign gold bonds in India?

The Reserve Bank of India (RBI) has announced a plan to sell sovereign gold bonds (SGBs) — government securities denominated in grams of gold — in six phases until September 3. This offers a good option to investors who can look forward to appreciation in gold prices at the end of the eight-year bond tenure.