Sovereign Gold Bonds craze: With gold prices hitting new highs, SGBs trade at huge premium in secondary market; should investors opt for them?
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Gold prices are soaring ahead of Diwali, driving investor interest in Sovereign Gold Bonds (SGBs) on the secondary market. Retail investors are paying significant premiums, up to 32% above current gold rates, for these government-issued securities. Experts caution that these elevated prices pose risks if gold values decline, especially with limited liquidity and no fresh SGB issuances. What's Your Reaction?
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