Gold ingots and coins getty Gold is for War. That is why governments stack it. It’s not because they are going back to bimetallism – it’s because gold is for bullets, tanks and ships when the chips are down. It is the international currency of war. So, it is not a happy moment to watch
Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and attractive coupon rates. With speculation over new issuances in the future, these listed bonds have seen increased demand. By mid-August 2024, the top 15 most liquid SGB series were closing 8% higher than