Truly Enjoy Reading The Magazine

Most appreciative of the recent issue discussing gold as an investment option. Hence, what is your thought about the gold bond scheme issued by the RBI and should one make that part of the portfolio? Thank you for the effort by you and your team as I truly enjoy reading the magazine. - Bhavna 

Editor Responds: We thank you for writing to us and we are glad that you enjoyed reading the article on gold as investment option. The Sovereign Gold Bond (SGB) issued by the RBI is an attractive opportunity for long-term gold investors. The bond has a lock-in period of 5 years and if held till maturity, the capital gains are exempted from tax. As SGB returns are market-linked and depend on gold prices that are prevalent on maturity after eight years or on premature exit, short-term investors should avoid. 

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