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RBI Announces Early Redemption Price for Sovereign Gold Bond 2019-20 Series IV
Summary by Elite Wealth
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RBI Announces Early Redemption Price for Sovereign Gold Bond 2019-20 Series IV
The Reserve Bank of India (RBI) has announced the early redemption price for the Sovereign Gold Bond (SGB) 2019-20 Series IV, originally issued on September 17, 2019. This follows recent redemption updates for SGB 2020-21 Series VI and SGB 2019-20 Series X. Redemption Price Fixed at ₹11,003 per Gram The early redemption price has been set at ₹11,003 per gram, based on the average closing price of gold (999 purity) published by the India Bullion …
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