Sovereign gold bond
Market basicsAlso called: SGB
A government bond denominated in grams of gold, paying interest on top.
In plain terms
The only form of gold that pays you 2.5% a year. The cost is an eight-year term and a thin secondary market.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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