To be very honest, anyone who likes/ wants to invest in gold should invest in a sovereign gold bond (SGB). However, I know there will be those people who will buy physical gold only, come what may.

So, anyone who doesn’t fall in that category, of wanting to have physical gold, can invest in an SGB.

SGB is best suited for those individuals who have a low-risk appetite.

Additionally, its recommended for those investors who want a regular (bi-annual) interest on their investment.

Lastly, it is a cheaper option vis-à-vis the physical gold as there’s no storage cost involved and security hassles either.