Will this be the right time to invest in Sovereign Gold Bonds (SGBs)?
Sovereign Gold Bonds (SGBs) are the finest gold investment avenue. If you want to invest in gold in a financial way, this could be a better way. But I don't think it is a great time to invest in gold bonds. The best time to buy anything of gold was a year ago. Also, gold is no longer a stable asset class as it used to be. Gold also falls in value. There are periods when gold prices decline. There was a time about a year ago, when returns of gold for a period of five-seven years were turning out to be even less than those of a liquid fund. And it is not a productive asset. So, don't think of it as an investment but yes, it is good as a store of value. Gold actually goes up when we are extremely nervous about everything to do with the market or economy but it comes down as well.