The 2017 Sovereign Gold Bond (SGB) just matured at ₹12,704/g (vs ₹2,987) + 2.5% yearly interest for 8 years — giving investors 4x their money, completely tax-free at maturity.
So why might the SGB scheme not return?
Because soaring gold prices mean the government now has to redeem older SGBs at today’s high rates — creating a massive payout burden. That’s why the last SGB issue closed in Feb 2024… and no new series has been launched since.
💡 If you already hold SGBs, you’ve struck gold (literally).
But if not, will this opportunity ever come back?
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