Sovereign Gold Bond

How is the sovereign gold bond market adjusting post-Budget?

With the secondary market for SGBs turning unattractive due to lower yields and liquidity, what viable options remain for investors seeking an exposure to gold?

Sovereign Gold Bond early exit today: SGB 2020–21 Series X offers investors nearly 3x gains as gold prices stay high

As per the provisions of the Income-tax Act, 1961 (Section 43 of 1961) the interest on the SGBs is taxable. When an individual redeems these bonds, they are free from paying capital gains tax.

Sovereign Gold Bond early exit today: RBI announces SGB 2020-21 Series-IX redemption price, check investors' return- FAQs answered

The bonds have a fixed term of eight years, but investors can exit after five years on interest payment dates if they wish. SGBs can also be traded on stock exchanges, transferred to others, or used as collateral for loans.

SGB 2017–18 Series XII to matures today: Investors set for four-fold gain as Gold Bond delivers 366% return

The Central Bank said that the redemption price has been calculated based on the simple average of the closing price of gold of 999 purity for the previous three business days—December 15, 16 and 17, 2025—as published by the India Bullion and Jewellers Association (IBJA).

SGB 2020-21 Series II premature exit on Nov 19: RBI announces issue price, investors set to receive massive gains

SGB holders can opt for early redemption after the fifth year from the date of issue, but only on an interest payment date. The upcoming redemption window meets this criterion.

SGB offers 141% return: Sovereign Gold Bond 2020-21 Series-VIII opens for premature exit today; RBI shares details

Sovereign Gold Bond (SGB) 2020-21 Series-VIII bonds were originally issued on November 18, 2020 under the Government of India notification F.No.4(4)-B(W&M)/2020.

ITR Filing: Do you need to declare Sovereign Gold Bond redemption in your income tax return?

The redemption of SGBs by an individual with the RBI is not treated as a “transfer” under Section 47(viiic) of the Income Tax Act.

SGB fiasco: Why rising gold prices are causing headaches for the government

The Sovereign Gold Bond (SGB) scheme was introduced to steer Indian investors away from physical gold purchases and reduce the country's gold import bill. However, the government’s failure to hedge against rising gold prices has resulted in mounting liabilities, turning the SGB scheme into an expensive financial misstep.

Centre discontinues Sovereign Gold Bond scheme due to high cost of borrowing

Despite an allocation of Rs 18,500 crore for SGBs in the FY25 Budget – down from Rs 26,852 crore in the interim Budget – no new tranches of SGBs have been issued in the current fiscal.

Sovereign gold bonds will get at least 12% total return: Revenue Secy

Investors who participated in the SGB scheme 2016-17 -series 1, issued in August 2016, are nearing their final redemption, which is set for the first week of August 2024.

Sovereign Gold Bond price fixed at Rs 6,263/gm; issues opens Monday

Next tranche of Sovereign Gold Bond opens Monday for five days, priced at Rs 6,263 per gram, according to Reserve Bank.

Chart of the Day: Digital gold holdings are here to stay

Investors are gradually warming to non-physical forms of gold such as ETFs and SGBs

Sovereign Gold Bond new tranche opens today: Here's all you need to know

The issue price of the gold bond for online investors will be Rs 5,873 per gram of gold, according to RBI's announcement

Why sovereign gold bonds have become a preferred financial asset

FY24’s first SGB issue raised Rs 4604 crore, indicating how popular this instrument has become among investors seeking diversification