Is Sovereign Gold Bond is Better Than Other Gold Investment?
Keywords:
Sovereign Bond Fund, Gold Investment, Gold ETF, Physcial GoldAbstract
Investment in gold can be in any various forms: Physical gold - Jewellery, Gold coin schemes, and gold savings schemes, alternately Paper gold- Gold Exchange traded funds, digital Gold and Sovereign Gold Bond. Among all the investment alternatives, Sovereign Gold Bond provides more benefit than other alternatives. Sovereign Gold Bonds are issued by Reserve Bond of India on behalf of government of India in multiple of gram/grams of gold. The study is theoratical in nature, for the purpose of study secondary data was sourced through journal articles and websites. The objective of the study is to find out how the Sovereign Gold Bonds schemes are superior to other alternative Gold investment. It is concluded that the Soverign Gold Bonds are better than other forms of gold investment, but it may not be suitable for all types of investors. Individuals can invest a portion of portfolio for the purpose of diversification.
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