The Reserve Bank of India (RBI) has announced the redemption price for premature redemption of the Sovereign Gold Bond (SGB) 2019-20 Series-X, which is due on September 11, 2025.

As per the Government of India notification dated September 30, 2019, holders of the SGB 2019-20 Series-X (issued on March 11, 2020) are eligible for premature redemption after the fifth year from the date of issue, on interest payment dates.

The redemption price is calculated based on the simple average of the closing gold price of 999 purity for the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association (IBJA). Accordingly, the redemption price for September 11, 2025, has been fixed at Rs 10,905 per unit of SGB, based on the average closing gold prices on September 8, 9 and 10, 2025.