News

SGB final redemption date: This gold bond has turned Rs 1 lakh investment into Rs 4.29 lakh

The Reserve Bank of India has announced the final redemption price and date for Sovereign Gold Bond (SGB) 2017-18 Series-IX, set for November 27, 2025. The redemption price is fixed at Rs 12,484 per unit, reflecting a significant return of nearly 329% on the initial investment. This scheme offers a secure alternative to physical gold with annual interest.