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SGBs premature redemption price: RBI says investors to get Rs 7,325 per unit

SGB's redemption price is determined by the average closing price of 999 purity gold as published by the India Bullion and Jewelers Association Limited (IBJA) for the three business days before the redemption date.

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RBI announces premature redemption price for Sovereign Gold Bonds Here is how it is calculated

The RBI has announced the early redemption price for Sovereign Gold Bonds issued in 2017-18 and 2018-19. Understanding the calculation method, which involves the average of the last three business days closing prices of 999 purity gold, is crucial for investors.

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RBI announces premature redemption price for SGB: Investors to receive Rs 7325 per unit

The redemption price for SGB shall be based on the simple average of the closing gold price of 999 purity over the previous three business days from the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA).

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RBI Announces Premature Redemption Price For SGB: Investors to Receive ₹ 7,325 Per Unit

RBI Announces Premature Redemption Price For SGB: Investors to Receive ₹ 7,325 Per Unit
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