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Want to hedge against risky bets? Invest in the current SGB tranche

But keep a 5-year horizon; choose gold ETFs if you wish to exit sooner

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gold bonds

Bindisha Sarang

4 min read Last Updated : Jun 19 2023 | 8:19 PM IST

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Series I of the Sovereign Gold Bond Scheme (SGB) 2023–24 is open for subscription from June 19 until June 23, 2023. This tranche is being sold for Rs 5,926 per gram, with a discount of Rs 50 available to online subscribers.

Positive outlook

Gold, which has historically served as a hedge against inflation and other economic concerns, has delivered a compound annual growth rate (CAGR) of 9.5 per cent over the past 15 years, 7 per cent over 10 years, and 13 per cent over five years.

Vijay Kuppa, chief executive officer (CEO), InCred Money, says, “Gold also acts as

Topics : Your money Guide to Personal Finance ETF industry Gold market

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