Reopening of physical gold markets hits demand for gold sovereign bonds – Business Standard
The purchase of sovereign gold bonds (SGBs) since April, driven by foreclosure-related demand, has calmed down alongside the reopening of physical gold markets. August sales (6.35 tonnes) were the highest on record in a month since the launch of SGBs in 2015. However, sales for the past three months, at 6.623 tonnes, fell. An SGB […]
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