Sovereign gold bond scheme: Sovereign Gold Bond Discontinued

Sovereign Gold Bond Discontinued : The Union Government has decided to stop the Sovereign Gold Bond (SGB) scheme , which was launched in 2015, primarily due to high borrowing costs. The scheme was introduced to reduce gold imports under the Gold Monetisation plan and gained popularity because it was backed by the government. A sovereign gold bond scheme is one of the most profitable investment avenues, owing to its widespread benefits and low restrictions. Individuals having a low aptitude for risk but want to enjoy substantial returns on their corpus can choose to invest their funds in this scheme , as they are one of the highest returns bearing government-mandated ... Q: What are Sovereign Gold Bonds? A: Sovereign Gold Bonds or SGB are Government issued securities denominated in grams of gold, launched in 2015 as a superior alternative to holding gold in physical form. Investors purchase SGBs when the scheme opens for subscription in tranches. Invest in Sovereign Gold Bonds for guaranteed returns and tax benefits. Secure and profitable investment with Sovereign Gold Bonds. 2.5% interest P.A