Why should I buy SGB rather than physical gold? What are the benefits?

The SGB offers a superior alternative to holding gold in physical form.The risks and costs of storage are eliminated. Investors are assured of the market value of gold at the time of maturity and periodical interest. SGB is free from issues like making charges and purity in comparison to gold in jewellery form. The bonds are held in the books of the RBI or in demat form eliminating risk of loss of scrip etc.