Sovereign gold bonds have caught the fancy of investors who bought ₹27,031 crore worth of the bonds last fiscal, an amount more than four times invested in 2022-23 on the prospects of higher returns and tax benefits. The central bank in April announced the government will issue Sovereign Gold Bonds The bonds bought by investors represented a whopping 44.34 tonne …
The most basic, and safe, returns on investments are those derived from liquid funds, or returns from fixed income funds that are of good credit quality. However, the expenses charged for credit risk funds are usually higher, which would take away from the higher returns that one gets from the papers that are rated AA or lower. If your investment …
Samvat 2080: Gold prices are expected to rally further while silver may continue its outperformance over the yellow metal in the new Samvat year 2080, said Jigar Trivedi, Senior Research Analyst - Currencies & Commodities, Reliance Securities. In the commodities market, Trivedi believes the fundamentals for precious metals like gold and silver are positive, while demand concerns may loom over …
New Delhi: In times of pandemic, gold has attracted investors because it is seen as a safe haven asset in uncertainty. Check the reasons below to invest in Sovereign Gold Bonds: Highest Returns: Among other available investing options in gold, SGBs offer the highest returns, which includes capital appreciation as well as additional interest @ 2.5 percent per annum. Among …
