Sovereign Gold Bond - Is it the right time to invest now?

258°
Deal Lieutenant
micke

I am not much familiar with Gold prices. I want to invest some amount in SGB. If you understand Gold price movement, can you please advice me : whether i should invest in SGB now or wait for few months.

Looking a price charts, i feel Gold prices may reduce a little bit in coming months.

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Entertainer Entertainer
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U need Paid advice or Free ?
Deal Subedar Deal Subedar
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There is probably going to be recession early next year, the yield curve has already inverted a few weeks back. All the investors will look to park their money in gold and its price will rise.
Benevolent Benevolent
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Your prediction is wonderful. Now gold on fire.
Any good MF/stock for upto 3yrs

Benevolent Benevolent
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Historically, gold prices tend to come down a little around Feb end to March. But other factors can change this trend. The country has already gone into recession mode and Gold is a preferred instrument at times of recession. Secondary market rates of SGB tend to be lower than the ongoing gold rates. So picking up from the secondary market can be a better option than direct subscription. Of course, as the interest is payable on face value, the annual payout would be less for SGB taken from secondary market.
Deal Cadet Deal Cadet
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@rajrocks sir @A2Zdeals sir @still_need_specifics sir @marketdimer sir
maybe you all invest in or know of bullion, in general or these instruments in particular?
or otherwise have any inputs¡
aside of helping Mickey मूषक🐀.. selfishly freeloading🤐😔 in the hopes of getting some gyaan ..which might come in handy.. for https://cdn0.desidime.com/attachments/photos/597164/medium/6300807__me.png

😔https://cdn0.desidime.com/attachments/photos/597694/original/630881320191207_022114.jpg🤐

Dimer of The Year 2020 Dimer of The Year 2020
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1 month survived stuck_out_tongue
Talk-Of-The-Town Talk-Of-The-Town
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Let me know if anyone wants to invest in SGB. Invest through me. Online process. Issue opens 6th July 2020. Ping me for details.
Deal Newbie Deal Newbie
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