Investors in the Sovereign Gold Bond (SGB) 2020–21 Series-I will receive Rs 12,198 per gram on premature redemption due October 28, 2025, according to data released by the Reserve Bank of India (RBI). The redemption value represents a 165.8% gain over five years from the issue price of Rs 4,589 per gram, excluding the 2.5% annual interest paid semi-annually under the scheme. Advertisement

The RBI said the redemption price has been determined based on the simple average of closing prices of gold (999 purity) for the three business days preceding the redemption date — October 23, 24, and 27, 2025 — as published by the India Bullion and Jewellers Association Ltd (IBJA).

As per the government notification dated April 13, 2020, early redemption of SGBs is permitted after the fifth year from

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