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Abstract
The real material wealth of the society is determined by the productive capacity investors ability in its economy. Productive capacity of investors purely depends on investments made by individuals in financial assets. Today one of the most preferred & liquid asset for investment is Gold. Investments in gold have more returns only when it is purchased as a coin or as a biscuit & not in any other form. If gold is not traded its value will not appreciate & the investors cannot get back expected returns. To avoid this barrier & to boost investors’ confidence & also to make them earn optimum returns on their investments made, government of India has initiated sovereign gold bond scheme with the approval of Reserve bank of India with effect from April 2015 for the benefits of investors. Unused gold can be utilized as investment in this scheme, where they are paid interest as well as they are eligible to get the gold at the time of exit too. This paper emphasizes on sovereign gold bond scheme, which is one of the gold monetization scheme introduced by our government for the benefit of Investment community.