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Redemption price of 1st SGB tranche announced; investors make 128% return excluding interest

Published: November 25, 2023

The redemption price of SGB is based on the simple average of the closing price of gold of 999 purity of the week (Monday, November 20-Friday, November 24), preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd. (IBJA).

Source: indiatimes.com

Related Topics:

Jewellers Association LtdReserve BankIndia BullionJewellers AssociationSovereign Gold BondGold BondGold RedemptionGold PricesGold Returns