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@article{176132, author = {Chityala Sai Kumar and Prof. Indrakanti Sekhar}, title = {Evaluation of Sovereign Gold Bonds Scheme in India - A Study of Investors’ Perception}, journal = {International Journal of Innovative Research in Technology}, year = {2025}, volume = {11}, number = {10}, pages = {4781-4787}, issn = {2349-6002}, url = {https://ijirt.org/article?manuscript=176132}, abstract = {The study elucidates the types of gold Investment. In 1930, 10grams gold available at Rs.18/- and 2024 it will be Rs. 67.655/-, 2000 to 2024 gold prices is increased more than 15 times. In 2015 Scheme was started and continued 21th Feb, 2024, 2015 to 2024 gold price per gram Rs.2,684/- to Rs.6,263/- increase more than 2 times in 9years and subscription 913,571grams (0.913571tonnes) to 1,27,86,819grams (12.786819tonnes) of all time high subscribed. Majority of investors benefited for holding maturity and these are also exempted for tax. Further it explains the trends in current account, gold price relation and they are negatively correlated. 2016-17 to 2019-20 Series X premature gold 7,37,851 grams (7.37851tonnes) are redeemed. India’s Balance of Payments on current account in 2015-16 Deficits by Rs.1,43,762crores and come down to Rs.96,916crores in 2016-17. And Deficits increased by Rs.3,14,126crores in 2017-18. In 2018-19 Deficits increased by Rs.4,00,227crores and 2019-20 Deficits come down to Rs.1,72,429crores. The current account balance was surplus in Rs.1,82,070crores then after Deficits will continue in 2021-22 Rs.2,90,816crores and 2022-23 Rs4,30,693 crores. The India’s overall Balance of Payments on current account shows Deficits.}, keywords = {Investments, Gold, Bonds}, month = {May}, }
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