Press release on Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on December 03, 2022 (December 04, 2022 being a Sunday) (SGB 2017-18 Series X) (dated-02.12.2022)-RBI.

  • 05th, December 2022
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Press release on Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on December 03, 2022 (December 04, 2022 being a Sunday) (SGB 2017-18 Series X) (dated-02.12.2022)-RBI.

  • Further, the redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on December 03, 2022 (December 04, 2022 being a Sunday) shall be ₹5320/- (Rupees Five thousand three hundred twenty only) per unit of SGB based on the simple average of closing gold price for three business days i.e., November 30, December 01 and December 02, 2022 refer attachment for further details.
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