The Reserve Bank of India has set the premature redemption price for sovereign gold bonds at 15,219 rupees per unit.

(1) The Reserve Bank of India announced that for the Sovereign Gold Bonds (SGB) 2018-19 Series II chosen for early redemption on April 23, 2026, the early redemption price will be 15,219 rupees per unit. (2) This batch of bonds was issued on October 23, 2018, and can be redeemed early after five years from the date of issue; the next early redemption date is April 23, 2026. The redemption price is based on the simple average of 999 purity gold closing prices published by the India Bullion and Jewellers Association for the most recent three working days (April 20-22). (3) Sovereign Gold Bonds are government-backed securities denominated in grams of gold and serve as an alternative to holding physical gold. Investors can earn interest income as well as capital appreciation linked to gold prices. This price reflects the ongoing strength of gold and may attract investor attention.

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