Sovereign Gold Bonds

Sovereign Gold Bonds (SGBs) are government-issued investment instruments that allow individuals to invest in gold without physically owning it. Instead of buying physical gold, investors purchase bonds backed by the government, which entitle them to returns linked to gold prices plus some interest. These bonds are safe, offer added benefits like interest income, and are tradable on stock exchanges. SGBs reduce risks like theft or purity issues associated with physical gold, and they are considered a smart way to gain exposure to gold as an asset class in a secure and convenient manner.