1762256706 unnamed file.jpg

Sovereign gold bond bonanza: RBI sets Rs 12,039 redemption price for 2018–19 Series-I; investors to earn nearly 293% return – should you redeem or hold longer?

The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2018–19 Series-I, issued on May 4, 2018, under the Government of India’s Sovereign Gold Bond Scheme, according to an ET report. Eligible investors can opt for early redemption of their holdings on November 4, 2025, in line…

Read More
1761749542 unnamed file.jpg

RBI’s sovereign gold bond update: SGB 2020-21 Series-I redemption price set at Rs 12,198; investors to earn nearly 166% return

Sovereign Gold Bond investors are in for hefty gains as the Reserve Bank of India (RBI) has fixed the premature redemption price for the 2020-21 Series-I at Rs 12,198 per gram, marking a 166% rise from the original issue price of Rs 4,589.The redemption option opens five years after issue, on an interest payment date,…

Read More