Sovereign Gold Bond 2017-18 series VI yields over 220% return in 7.5 years; RBI fixes premature redemption price

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Sovereign Gold Bond 2017-18 Series VI investors can redeem their bonds prematurely on May 6, 2025, at Rs 9,453 per gram, a significant increase from the original price of Rs 2,945. Launched in 2015, the SGB scheme offers a financial alternative to physical gold, providing a fixed interest rate and tax-free capital gains on redemption for individuals.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NJlzZ7y

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