Sovereign gold bonds.jpg

Over 300% returns! Gold delivers bumper gains as RBI announces SGB 2017-18 Series maturity date; check final redemption price

Sovereign Gold Bonds carry a fixed interest rate of 2.50% per annum. (AI image) Sovereign Gold Bonds returns: With gold prices rallying strongly in the last few years, investors in Sovereign Gold Bonds or SGBs are looking at bumper returns! One such SGB is delivering a whopping return of over 300%!The RBI has released the…

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
1760606917 this is a representational image pic credit lexica.jpg

Big gains for sovereign gold bond holders: RBI sets final redemption price; 338% return on SGB 2017-18 Series-III

The Reserve Bank of India (RBI) on Thursday announced the final redemption price of Rs 12,567 per gram for the Sovereign Gold Bond (SGB) 2017-18 Series III, which is set to mature on October 16, 2025.The tranche, originally issued on October 16, 2017, had been open for subscription between October 9 and 11, 2017. The…

Read More