Retail investors drive surge in sovereign gold bond prices amid market frenzy
Mumbai: Retail investors are piling into Sovereign Gold Bonds (SGBs)-a popular government-issued debt instrument denominated in gold-in the secondary market, driving up prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% over the metal’s spot price amid the sharp run-up in prices, triggering the buying frenzy. In the event…