INSUBCONTINENT EXCLUSIVE:
sovereign gold bond scheme will close for subscription today - August 13, 2021
a non-physical form, especially amid the COVID-19 pandemic
Investment in non-physical gold, via digital or paper gold, is highly recommended as it provides high liquidity, no storage cost, and is
easier to sell vs physical gold
Investment in SGBs comes with an interest coupon payable semi-annually
Investment in SGB is a superior alternative to physical gold
The investments in non-physical gold will help the government to keep a check on the currency and larger fiscal deficit.The rising US dollar
and Treasury yields on the back of a sooner than expected policy tightening by the Fed have largely led to softening of gold prices
Gold prices domestically and internationally have traded in a narrow range in the past few months.The latest variant of the virus, the pace
of vaccination, unlocking, and signs of policy tightening by the Fed will guide gold prices going forward,'' said Mr
