RBI gave a big update. The Reserve Bank of India put out a press release on February 21, 2025, detailing the dates for premature redemption of Sovereign Gold Bonds (SGB) throughout the year. It also explains how investors can cash in their gold bonds early and the specific days they need to submit their applications. Let’s dive into the details.
What’s the deal with investing in SGB Gold?
SGBs are a digital way to invest in gold, and they even earn you some interest. They’re a solid choice for investors looking for safe and steady returns from gold. These bonds are backed by the government, and their value fluctuates with gold prices. Keep in mind, you can only redeem SGBs early after five years.
Scheduled release
The RBI’s press release outlines the schedule for SGB premature redemption in 2025. They’ve provided the specific dates, but if any of those days fall on a holiday, the dates might change. Investors should stay alert about where and when to apply for early redemption. The redemption price for SGBs is determined by the average gold price from the previous week.
Who can invest in SGB?
Only residents of India can invest in SGBs. If someone was an Indian resident before and has since become a non-resident, they can still hold onto their SGBs until they redeem or mature. The RBI issues SGBs at various times, and remember, you can only redeem them early after five years.