The government plans to issue sovereign gold bonds worth ₹29,638 crore in FY25, a 10% increase from the current fiscal year. This surge in issuance is due to the growing investor appetite for 'paper gold'. The gross mop-up from gold bonds in FY24 exceeded expectations, reaching ₹26,852 crore. Investor interest in gold bonds has risen due to the safe haven status of gold and expectations of long-term price appreciation.
