392% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.92 lakh

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The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond SGB 2018-19 Series-II, set at Rs 15,219 per unit. This price is based on the average gold price over the three preceding working days. Investors can redeem these bonds prematurely from April 23, 2026, after the fifth year of issuance.