The issue price for Sovereign Gold Bonds (SGBs) has been established at Rs 5,923 per gram, with the subscription window scheduled to open on September 11. This announcement by the government comes as part of its efforts to promote gold as a financial asset and reduce the country’s reliance on physical gold imports. SGBs offer investors a convenient and secure way to invest in gold, as they not only provide returns linked to the precious metal’s market price but also offer additional interest income. The fixed issue price and the opening of the subscription window offer investors an opportunity to participate in this unique financial instrument, fostering gold investment in a more structured and productive manner.