The Sovereign Gold Bond (SGB) 2018–19 Series II, issued on October 23, 2018, is eligible for premature redemption on Thursday (October 23, 2025) as per the Government of India notification.

The Reserve Bank of India (RBI) has fixed the redemption price at ₹12,704 per gram, based on the simple average of closing prices of gold of 999 purity for the three business days—October 17, 20, and 22, 2025—published by the India Bullion and Jewellers Association (IBJA).

The bond was originally issued at ₹3,096 per gram, giving investors an absolute return of around 311% over seven years, excluding the 2.5% annual interest payable semi-annually.

The option provides investors the chance to exit before maturity while earning returns linked to gold prices, in addition to the fixed interest under the S

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