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A financial product known as a "Sovereign Gold Bond" (SGB) is one that the Indian government has released and which enables investors to purchase gold in both paper and digital form. Sovereign Gold Bonds offer a practical and safe alternative to physical gold investing, which necessitates storage and safety precautions.
Sovereign Gold Bonds are a desirable investment choice for investors who want to increase the amount of gold exposure in their portfolio while still enjoying the benefits of safety, fixed income, tax efficiency, and liquidity.
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