Mr. Colin Shah, MD, Kama Jewelry
“The successful closure of the initial tranche of the Sovereign Gold Bond (SGB) at a CAGR of approximately 10.8%, coupled with an additional annual interest of 2.5%, serves as a noteworthy testament of the popularity of this asset class among investors. The incorporation of a 50% discount for transactions conducted through digital modes further enhances its attractiveness.
Given India’s status as the world’s leading consumer of gold, SGBs have emerged as a compelling avenue for diversifying investment portfolios. Investors stand to benefit in the long term from the potential capital appreciation of gold prices, all while mitigating concerns related to the security associated with physical gold holdings.”
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Glimpses of Bharat Diamond Bourse Marks 41 Years of Excellence & 15 Years of Operations of BDB Complex with the Release of customized My Stamp by Department of Posts, Government of India.
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