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RBI sets SGB 2019-20 Series II redemption at ₹14,199 per gram

in5points
  1. RBI fixes premature redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram.

  2. Investors who bought in 2019 have earned over 300% capital appreciation.

  3. Tax implications should be considered before deciding to redeem.

  4. The redemption price is based on the previous week's average gold price.

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