The Reserve Bank of India (RBI) has announced the price for premature redemption of Sovereign Gold Bonds (SGB) 2017-18 Series XIV and 2018-19 Series IV due on July 1, 2025. Investors who opted for early redemption will receive ₹9,628 per unit. This translates into decent gains. The SGB 2017-18 Series XIV, issued at ₹2,831 per
If you bought Sovereign Gold Bond (SGB) 2019-20 Series V in October 2019 and are planning to sell it prematurely, i.e., before the completion of 8 years, you can do it now. From 15 April 2025, the facility for premature redemption of bonds of this series is available. The government has fixed the redemption price
With the Sovereign Gold Bond (SGB) scheme no longer issuing new tranches, many investors must be evaluating their options. While SGBs offered a unique blend of gold exposure and fixed returns, existing investors must now decide whether to hold or explore alternatives. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense
Gold prices surged 18 per cent year-on-year (Y-o-Y) in the June quarter to $2,338.2 an ounce (oz), reaching a record of $2,427/oz. They were up nearly 13 per cent compared with the December 2023 quarter. India is the second-largest consumer of gold, after China. Indian households hold a whopping 25,000 tonnes of gold, according
Sovereign Gold Bonds (SGBs) are currently trading at a premium over their reference prices on exchanges, driven by their tax benefits and attractive coupon rates. With speculation over new issuances in the future, these listed bonds have seen increased demand. By mid-August 2024, the top 15 most liquid SGB series were closing 8% higher than