Sovereign Gold Bond: ₹1 lakh grows to ₹3.09 lakh as RBI fixes SGB redemption price at ₹14,159; check returns
· livemint.com
Sovereign Gold Bond investors have earned nearly 209% returns as RBI fixes the SGB 2020-21 Series I redemption price at ₹14,159 per gram. A ₹1 lakh investment is now worth around ₹3.09 lakh. Check returns, interest earnings and tax rules
Investors who purchased Sovereign Gold Bonds (SGBs) in April 2020 have earned substantial returns, with the Reserve Bank of India (RBI) fixing the premature red...