In a time of market volatility, few investments shine as bright as gold. The RBI’s Sovereign Gold Bond (SGB) 2017-18 Series VI has delivered a stellar return of over 220% in just 7.5 years, with a redemption price fixed at ₹9453 per gram.
This remarkable return underscores gold’s enduring appeal as a safe-haven asset. Unlike physical gold, SGBs offer added benefits such as annual interest and exemption from capital gains tax on redemption, making them an attractive long-term investment option.
The success of this SGB tranche could encourage more investors to consider future bond series as a secure alternative to equities, especially in uncertain economic conditions. It also reinforces the credibility of government-backed financial instruments in wealth preservation.
