294% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.94 lakh

Sovereign Gold Bond: The Reserve Bank of India has announced that the premature redemption price for Sovereign Gold Bonds will be set for October 2026. These bonds can be redeemed five years after their issuance at a fixed price. This redemption value is determined by the average closing gold price from the preceding three days.