FY25 gold bond float target may be cut again to below ₹10,000 cr

The government is considering reducing its gold bond float target for 2024-25 to below ₹10,000 crore, citing unfavourable market conditions and high borrowing costs. The record ₹28,240 crore raised in 2023-24 through gold bonds has triggered a cost-benefit analysis, as investors flock to gold amid geopolitical tensions.