Investors are advised to take advantage of the SGB Scheme 2023-24 subscription window, despite a fall in gold prices on MCX Gold Futures, according to analysts. The bonds are intended for long-term investment and the current dip in the price is short-term according to Prithviraj Kothari, CEO of RiddiSiddhi Bullions. The nominal value of the bond depends on the India Bullion and Jewellers Association’s average closing price for the last three working days prior to subscription, and at present, gold is in a positive long-term uptrend. Experts suggest that gold will hit between INR65,000 to INR68,000 ($1,009 – $1,053) per 10 grams within the next three to five years.