Sovereign Gold Bonds (SGBs) are government-backed securities that allow you to invest in gold without physically holding it. They offer a fixed interest rate, paid semi-annually, along with the potential for capital appreciation as gold prices change over time. In this post, we’ll show you how to track your SGB investments and calculate the XIRR, which accounts for both the interest earned and the change in the bond’s value, giving you a true picture of your investment returns.