Press release-Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on August 08, 2022 (SGB 2016 – I) (dated-05.08.2022)-RBI.

  • 08th, August 2022
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Press release-Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption due on August 08, 2022 (SGB 2016 – I) (dated-05.08.2022)-RBI.

  • Further, the redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of the week (Monday-Friday) preceding the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on August 08, 2022 shall be ₹5177/- (Rupees Five thousand One hundred Seventy-seven only) per unit of SGB based on the simple average of closing gold price for the week August 01-05, 2022, refer attachment for further details.
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