Sovereign Gold Bonds Yield High Returns on Maturity, Investors See Significant Gains
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Sovereign Gold Bonds Yield High Returns on Maturity, Investors See Significant Gains

Investors in Sovereign Gold Bond (SGB) 2017-18 Series XIV are reportedly seeing significant returns upon its maturity on January 1, 2026. The bond, issued at Rs 2,890 per gram, redeemed at Rs 13,486 per gram, yielding a price gain of approximately 367%. Additionally, investors received an annual interest of 2.5%, totaling around Rs 578 per unit over eight years. A Rs 1 lakh investment made in 2018 is now valued at approximately Rs 3.67 lakh, with tax-free maturity gains.

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