India's love affair with gold is no secret. Being the case for so many years, gold is in the Indians' heart not mainly for monetary purposes but as a means of security and cultural inheritance. But in recent years, the Indian government, in collaboration with the Reserve Bank of India (RBI), has tried to channel this affection for gold into a more structured and beneficial investment: Sovereign Gold Bonds (SGBs). These bonds, introduced in 2015, offered a way for people to invest in gold without the hassles of storage or security. SGBs are also good because they give fixed interest. People like them because of this reason. However, as 2024 approaches, the government seems to be having second thoughts about continuing this scheme. Why? Let’s dive into the intricacies of SGBs and explore why they might be facing an uncertain future. What Are Sovereign Gold Bonds? The government issues these bonds. They are in gold. Each one is worth a certain number of grams. To put it another w...