BUSINESS

Gold and silver price update
BUSINESS

Sovereign Gold Bond Scheme: RBI Announces Premature Redemption Price of Sovereign Gold Bond Scheme

Sovereign Gold Bond Scheme: The Reserve Bank of India (RBI) has declared the premature redemption price of the Sovereign Gold Bond Scheme issued on February 12, 2019, for Series 6 of 2018-19 (SGB 2018-19 Series VI). Investors in this series will receive a redemption price of Rs 6,927 per gram, marking a significant return of 108% on their initial investment of Rs 3,326 per gram.
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