Gold bonds score over other options for investing in the precious metal

image

Analysts expect domestic gold to see a 10 per cent rally owing to rising oil prices, the US-China trade war, and other uncertainties in the global economy. Luckily for investors, the buy recommendation coincides with the upcoming Sovereign Gold Bond (SGB) tranches being issued by the government, starting October 15.Among all the options to invest in gold, investment advisors prefer SGB. It is one of the cheapest ways to invest in the precious metal. “The best part is that an investor gets price appreciation and earns interest as well,” says Ajay Kedia, director, Kedia …
Source: Business Standard