Pros And Cons Of Investing In Sovereign Gold Bond Pros - Digital Storage Of Gold Bonds Makes Them Easy To Maintain A Fixed Annual Interest Rate Of 2.5 Per Cent Ensures Steady Return On Your Investment Capital Gains Made From SGBs Are Exempted From Tax SGBs Can Be Used As Collateral For Loans Cons - Lock In Period Of 5 Years Could Impact Your Cash Flow SGBs Take Longer To Sell In The Open Market Interest Earned Annually From SGBs Is Liable For Taxation On Maturity, Market Gold Prices Could Be Lower, Making The Investment Unpredictable