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Q. Why should I buy SGB instead of physical gold, and what are the advantages?
Q. Why should I buy SGB instead of physical gold, and what are the advantages?
SGBs provide a variety of advantages to investors, which include:
The quantity of gold paid by the investor is protected because he receives the current market price at the time of redemption/premature redemption.
There are no risks or expenses associated with physical storage.
Making charges and purity issues
There will be no making charges and no purity issues.
On the initial investment, earn 2.5 percent interest per year & Interest is paid twice per year.