Investors in the 2019 Sovereign Gold Bond (SGB) tranche are set to book over threefold returns, as the bond becomes eligible for premature redemption on Thursday (October 30).

The Reserve Bank of India (RBI) has fixed the redemption price at ₹11,992 per gram, marking a gain of around 217% from the issue price of ₹3,788 per gram in October 2019 — excluding the 2.5% annual interest paid on these bonds.

The redemption price is based on the simple average of gold prices of 999 purity for the three business days — October 27, 28, and 29, 2025 — as published by the India Bullion and Jewellers Association (IBJA).

Premature redemption rules

Investors can opt for premature redemption after the fifth year from the date of issue, but only on an interest payment date. Those choosing early exit mus

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