India Today

Better than gold

For 'investors', sovereign gold bonds are easily the better option.

Are you the kind who likes gifting gold during festivals and weddings or regardless of occasion? Or someone who likes to buy gold bars and coins as an investment? If that's the case, then consider a smarter alternative. Starting 2015, the government began offering Sovereign Gold Bonds, or SGBs, that not only match physical gold in value terms, but also provide a fixed interest rate like any other fixed income bond.

"Buying Sovereign Gold Bonds is better than buying physical gold now," says Brijesh Parnami, executive director and chief

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