Value of sovereign gold bonds India FY 2016-2024

Published by Sandhya Keelery, Aug 30, 2024

In financial year 2024, issuance of sovereign gold bonds in India surged up to around 270 billion Indian rupees. This was a significant increase from around 65 billion rupees worth of issuance in the financial year 2023. Sovereign gold bonds, originally introduced as an alternative to physical gold, are slowly gaining traction in India.

Value of sovereign gold bonds issued in India from financial year 2016 to 2024 (in billion Indian rupees)

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Release date

May 2024

Region

India

Survey time period

FY 2016 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.


One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of June 2024).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

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