Ahead of Diwali and Dhanteras , gold prices have been skyrocketing this festive season. Investors are looking at investment avenues - and Sovereign Gold Bonds (SGBs) are gaining huge traction in the secondary market. SGBs offer an eight-year investment period with a 2.5% yearly interest rate, featuring tax exemption at maturity without any storage fees or expense ratios. Each unit corresponds to one gram of gold. SGBs are witnessing heightened interest from retail investors in the secondary market, who are trading these government-issued gold-linked securities at prices significantly above the current gold rates, according to an ET report. Individual investors paid up to 32% above the metal's market price last week, amidst rising gold values. Such elevated premiums expose thes
Sovereign Gold Bonds craze: With gold prices hitting new highs, SGBs trade at huge premium in secondary market; should investors opt for them?

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