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Tackle low liquidity in sovereign gold bonds by laddering, say analysts

Gold is up 5.8 per cent over the past month and 8.9 per cent over the past year, with a large part of it coming in February, after escalation of tensions between Russia and Ukraine

Photo: Unsplash/Jingming Pan
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Photo: Unsplash/Jingming Pan

Bindisha Sarang
The Sovereign Gold Bond (SGB) Scheme 2021-22 Series X opened for subscription on Monday and will be available until March 4. For this tranche, the Reserve Bank of India has set the price at Rs 5,109 per gram of gold - Rs 323 higher than the Series IX issue. 

Geopolitics driving price
Gold is up 5.8 per cent over the past month and 8.9 per cent over the past year, with a large part of it coming in February, after escalation of tensions between Russia and Ukraine, as investors fled to this safe-haven asset. Naveen Mathur, director-commodities and currencies,

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