Sovereign Gold Bond: SGB 2017-18 Series VIII subscribers to get 152% profit on premature redemption. Should you withdraw or stick on?

Sovereign Gold Bond: SGB 2017-18 Series VIII subscribers to get 152% profit on premature redemption. Should you withdraw or stick on?

SGB premature redemption: The Sovereign Gold Bond (SGB) Series VIII (2017-18) is scheduled for premature redemption on November 19, 2024, in accordance with the guidelines set by the Reserve Bank of India (RBI). The redemption amount has been determined at Rs 7,460 per unit, determined by the average gold price of 999 purity recorded over … Read more

Sovereign Gold Bonds: See how much investors earned in premature redemption of SGB 2016-17 Series IV

Sovereign Gold Bonds: See how much investors earned in premature redemption of SGB 2016-17 Series IV

Sovereign Gold Bonds are one of the most sought-after gold investments available at present. The Sovereign Gold Bonds (SGB) are government securities denominated in grams of gold, offering an alternative mode of investment to physical gold. The government-backed gold bonds were initially issued by the Reserve Bank of India on behalf of the government. However, … Read more

Sovereign Gold Bond 2023-24: Govt announces two more tranches; check dates, how to apply, payment modes, and more

Sovereign Gold Bond 2023-24: Govt announces two more tranches; check dates, how to apply, payment modes, and more

The Reserve Bank of India (RBI) recently announced two tranches of the Sovereign Gold Bonds (SGB) scheme 2023-24. The SGB 2023-24 Series III will be open for subscription from December 18-22. The date of issuance for this SGB tranche is December 28. The second tranche of the Sovereign Gold Bonds scheme will be open for … Read more