Sovereign gold bond scheme: Gold rate today is in uptrend after attaining uptrend in November 2022 on US inflation concerns and less hawkish US Fed in rate hike. While bullion experts are advising gold investors to continue buying on dips as outlook for gold is still positive, ICICI direct believes that Sovereign Gold Bonds are the best way to take …
Gold bonds are considered one of the best options for investments as investors can not only gain from the appreciation in prices of the precious gold bonds but also earn interest at the rate of 2.5% on the initial investment amount during the entire tenure. What are Sovereign gold bonds: SGBs are government securities denominated in grams of gold. Launched …