
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…
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…
The government has issued 67 tranches of Sovereign Gold Bonds (SGBs) totaling 146.96 tonnes of gold, with an outstanding value…
Under this scheme, the government promised investors 2.75% interest every year, which was later reduced to 2.5%. The government thought…
In a circular dated February 21, 2025, the RBI also shared the process for investors who want to redeem their…
Since the SGBs are part of the government borrowings, its liabilities are provided at the market price of gold when…
Dhanteras Gold Buying 2023: Holding your SGBs until maturity minimizes the risk of selling them prematurely at a loss
Sovereign Gold Bonds 2023-24 (Series II) Price: If you are into buying gold as a long-term investment, then SGB is…