Sovereign Gold Bonds: Primary Issues Or Secondary Market Purchase – Which One Is Beneficial?

While gold may not be enticing enough for new investors, it is still advisable to have some allocation to the yellow metal in long-term portfolios. Buying Sovereign Gold Bonds or SGBs is the most tax beneficial investment of gold. Now there are two ways to invest in SGBs. One is to buy directly from the Reserve Bank of India (RBI) during primary issuance. The other option is to purchase older SGB issues which are available in the secondary market. Which one you should consider? Watch to find out.

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