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What is Sovereign Gold Bonds?

By IndianMoney , 8 months ago

1. The GOI introduced the Sovereign Gold Bond (SGB) Scheme in November 2015. 2. It is a alternative investment to own gold and it belongs to the debt fund category. 2. Over the years, the market has witnessed a considerable decline in the demand for physical gold. 3. SGB tracks the import-export value of the asset and also ensures transparency at the same time.

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