RBI has fixed the SGB 2017-18 Series VII redemption price at ₹12,350 per gram, over 4x the original issue price.…
Warren Buffett called gold a “non-productive asset” that “just sits there and does nothing.” But recent years tell a different…
Gold’s stunning $4,000 surge boosts RBI’s reserves but drains India’s demand and fuels fiscal strain, SBI flags a costly twist…
The price of 10 grams of 24-carat gold dipped Rs 4 on a daily basis on Saturday to Rs 1,20,770,…
In October 2025, investors from multiple SGB series are receiving redemption proceeds credited directly to their bank accounts. Many are…
The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series X.…
As per the rules of the scheme, any sovereign gold bond can be redeemed prematurely after completion of five years.…
The SGB scheme was launched in November 2015 under the Gold Monetisation Scheme. Its purpose was to encourage people to…
According to the calculation, investors in the 2019-20 Series-IX, issued in September 2019 at Rs 4,070 per gram, will see…
The RBI has fixed the final redemption price at Rs 9,924 per unit of sovereign gold bonds (SGBs) based on…
Sovereign Gold Bonds: Considering the massive rise in gold prices over the last over 18 months, the government’s move to…
A series of SGBs are coming up for redemptions this year as gold has scaled a new high. The question…
The RBI’s move has drawn mix reactions with some praising it and some industry experts terming the initiative another blunder…
The total tenure of SGBs is 8 years, but after the fifth year you can also sell them prematurely. The…
Since SGB launch, gold prices have increased by more than 250% to Rs 9,300 per 1 gram. At the current…
The total tenure of SGB is 8 years, but if investors wish, they can also redeem it before time on…
With gold prices hitting record highs, RBI’s SGB premature redemption offers investors a chance to cash out partially. Consider a…
The Reserve Bank of India (RBI) currently holds 879 tonnes of gold, which is 11.5% of its total foreign exchange…