SGBs go silent. Now what?

The last batch of SGBs (sovereign gold bonds) was issued in February 2024, and fresh tranches are unlikely anytime soon, as per media reports. Why this is significant SGBs have long been a go-to option for Indian investors looking to invest in gold due to these additional features: Government backing: Ensures safety Extra returns: 2.5 per cent annual interest, paid semi-annually, over and above gold price appreciation. Tax efficiency: Gains are tax-free if bonds are held until maturity. Can you still invest in SGBs? Yes, on stock exchanges - but at a premium. For instance, the February 2024 tra

This article was originally published on January 15, 2025.