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BOND PULL
Business Today India
|July 23, 2023
With primary subscriptions for sovereign gold bonds closed, investors now have the option of buying them from the secondary market. But should they?
WHILE PHYSICAL GOLD has always been a favourite among Indians, the Sovereign Gold Bonds (SGBs) scheme launched by the Reserve Bank of India in 2015 has also attracted its fair share of investors. Since the window for investments in SGB Scheme 2023-24 Series I closed on June 23, 2023, investors may look at the secondary market to buy the bonds. The issue was priced at ₹5,926 per gm in the primary market. But should one buy SGBS from the secondary market?
This story is from the July 23, 2023 edition of Business Today India.
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