SGB 2019-20 Series-VIII: ₹1 Lakh Investment Soars to ₹3.5 Lakh on Early Redemption

• RBI announced premature redemption of Sovereign Gold Bond 2019-20 Series-VIII on January 21, 2026, completing five years from issue.
• The premature redemption price is fixed at ₹14,432 per unit, significantly higher than the original issue price of ₹4,070.
• Investors gained over 250% price appreciation, turning a ₹1 lakh investment into approximately ₹3.5 lakh, plus 2.5% annual interest.
• Redemption price is calculated based on the simple average of 999 purity gold closing prices from IBJA for the previous three business days.
• SGBs offer dual benefits: gold price appreciation and 2.5% annual interest, with capital gains tax exemption on maturity/redemption.

Why It Matters: SGB 2019-20 Series-VIII investors see massive 250% returns on early redemption, highlighting gold bond benefits.