December 26, 2024
Financial Assets

Sovereign Gold Bonds in the Spotlight: Reasons for Current Premium Levels

Sovereign Gold Bonds (SGBs) are currently trading at a noticeable premium compared to their reference prices. As of August 14, 2024, the top 15 liquid SGB series are priced, on average, about 8% higher than their reference rates. The reference rate is based on the price of gold with 999 purity as published on ibjarates.com.

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