Sovereign Gold Bonds: Record 367% Return in 8 Years

The Sovereign Gold Bond (SGB) from 2017–18 Series XIV has given investors a record return of 367% over 8 years.

This bond was bought at Rs 2,890 per gram and was redeemed at Rs 13,486 per gram.

Investors also earned a fixed interest of 2.5% every year, making the total return about 387%.

If someone invested Rs 1 lakh in 2018, it would be worth around Rs 3.87 lakh today.

The redemption price is based on the average gold price over the last three business days.

Investors can exit after 5 years, but those who hold for 8 years get tax-free returns.

Early SGB series, especially from 2015 to 2018, have given the highest returns.

Gold prices have surged recently, making these bonds very profitable.

SGBs are a good investment because they don't require physical gold storage and offer tax-free returns on maturity.