Is sovereign gold bond good or bad?

Sovereign gold bond good or bad depends on your risk appetite and investment strategy. You should diversify your portfolio with different investment options and gold is one of them. As per recommendations by financial planners, gold must be part of your portfolio upto 5 to 10%. In that case you can opt for a sovereigngold bond rather than physical gold.

Inconclusion note, in case you wish to invest in gold as part of your portfolio diversification, SGB is the best possible option as you have assured a return of 2.5% interest PA with sovereign gold bond with an advantage of inflation over gold prices. Your investment is completely in electronic format and so buying and selling is as per your preference.