The Reserve Bank of India announced that the premature redemption price for the Sovereign Gold Bond (SGB) 2021-22 Series VII, due on November 2, 2026, is set at ₹14,167 per unit.
According to the central bank, the redemption price is calculated using the simple average of the closing price of gold of 999 purity for the previous three business days—October 28, October 29, and October 30, 2026—as published by the India Bullion and Jewellers Association Ltd (IBJA).
What it means
- Holders of Sovereign Gold Bond 2021-22 Series VII can undertake premature redemption on November 2, 2026, at the rate of ₹14,167 per unit.
Source
Reserve Bank of India, “Premature redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for premature redemption of SGB 2021-22 Series VII due on November 02, 2026” dated 30 October 2026. Read the original release.
Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.
Official RBI, SEBI, Government and Defence updates as they happen.
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