3 weeks ago

SGB 2018-19 Series VI redemption price fixed at ₹15,102

SGB 2018-19 Series VI redemption price fixed at ₹15,102
SGB 2018-19 Series VI premature redemption today: Investors to get 361% return as RBI fixes price at ₹15,102 · livemint.com

A Sovereign Gold Bond is a special saving bond from the Government of India that lets people invest in gold without buying real gold coins or jewellery.

In February 2019, people bought this bond when one gram of gold cost about ₹3,276.

Gold has gone up a lot in price since then.

Now, in August 2026, the Reserve Bank of India is letting these investors sell their bond back for ₹15,102 per gram.

That means their money has grown to about four and a half times what they paid, a return of around 361%.

The bond also pays a small interest of 2.5% every year, twice a year, so investors earn even more.

The bank decides the buy-back price using real gold prices from the three days just before the redemption date.

Unlike holding physical gold, there are no storage or making charges, which is one reason people like these bonds.

Investors who do not redeem now keep earning interest and stay tied to gold prices until the bond finishes its eight-year term.

Key facts

Redemption price
₹15,102 per unit
Issue price
₹3,276 per gram (online), ₹3,326 per gram (regular)
Gain per unit
₹11,826 (about 361.1% appreciation)
Redemption window
Opens 12 August 2026
Issue date
12 February 2019
Interest rate
2.5% per annum, paid semi-annually
Price calculation
Simple average of 999-purity gold closing prices on 7, 10 and 11 August (IBJA rates)
Maturity
8 years; premature redemption allowed from the fifth year

Sources

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