He said SGB is one of the best options if an investor is looking to invest in the yellow metal
One can buy these gold bonds from scheduled commercial banks, except small finance banks and payment banks, Stock Holding Corporation of India, design
The tenor of the bonds is for a period of 8 years with an exit option after the fifth year to be exercised on the next interest payment dates
This year, the SGB scheme will be issued in six tranches between May and September
If you do invest in gold, then the thumb rule should be to hold it for a three-year period to minimise the tax burden
Weigh the pros and cons before investing in sovereign gold bonds
Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold and are substitute for holding physical gold. The best part about g