The government may not re-introduce Sovereign Gold Bonds due to higher-than-anticipated costs associated with the significant increase in gold prices and the additional returns provided.
"And this SGB has a duration of 8 years. But what happened was that in these eight years, when SGB was launched, the price of gold increased so drastically. Plus, the % return on top of that, I believe the expense to the government was much more than they anticipated. So, it is possible that the government will not come back with an SGB offer."
