Benefits of Investing in Gold Bond Schemes in India

Finance

Source: Benefits of Investing in Gold Bond Schemes in India

gold bond schemes have gained popularity as a secure investment option in India. These schemes, also known as Sovereign Gold Bonds (SGBs), offer individuals an opportunity to invest in gold in a non-physical form. Issued by the Reserve Bank of India (RBI) on behalf of the Government of India, SGBs aim to reduce the demand for physical gold and encourage domestic savings to be directed towards financial investments.