With the next tranche of Sovereign Gold Bond going on sale from Oct 12, 2020, it is prudent to understand whether this is the right investment choice for you before you invest in it.
What Is Sovereign Gold Bond?
Sovereign Gold Bonds (SGBs) is a government scheme that lets you purchase gold in paper/digital format and pays a 2.5% interest on that. However, this article is not to discuss the 'What' - that information is easily available elsewhere, and the RBI website is a good place to begin with. Instead, I've discussed my views on who should invest in SGB and who should not in the article mentioned below:
by: Anshul
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