From on-tap availability to limit hike: 5 reasons to invest in gold bonds

The most important change is that now bonds will be available virtually on tap as the issue that opened on Monday will remain open until December 27

The government on Friday announced several changes that would increase the attractiveness of sovereign gold bonds.

The most important change is that these bonds will now virtually be available on tap, as the issue that opened on Monday will remain open until December 27. However, the long-tenure issue will see the setting of price on a weekly basis. According to the Reserve Bank of India's (RBI's) announcement, every week, the bonds subscription will open on Monday and close on Wednesday. The price for that will be the previous last three trading days' average price for 999 purity.

The bonds sold between October