Don't Buy GOLD Without Watching This #shorts
SGB are issued for a term of 8 years with an assured interest rate of 2.5% disbursed bi-annually. However premature redemption at ongoing market prices can be done for investors who look for early liquidation.
Unlike physical gold, SGBs are a safe investment option as it is dematerialised and, it is devoid of risks of loss involved in hazards of safekeeping or storing of gold, issues around making charges of jewellery and purity of gold purchased
The RBI has just launched their RBI Retail Direct app, through which one can easily buy government securities like Sovereign Gold Bond.
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