The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2018-19 Series-II, allowing investors to redeem their bonds starting from April 23, 2026. The redemption price has been set at ₹15,219 per unit, calculated based on the average closing price of gold over the three business days preceding the redemption date. This translates to a 392% return for investors who purchased the bonds at the issue price of ₹3,096 per gram. For those who invested ₹1 lakh, the total value of their investment will reach approximately ₹4.92 lakh, excluding the 2.5% annual interest that bondholders receive. SGBs serve as an alternative to physical gold, issued by the RBI on behalf of the Government of India, with a minimum investment requirement of 1 gram and a maximum limit of 4 kg for individuals. The bonds provide a fixed interest rate of 2.50%, credited semi-annually, with certificates of holding issued upon bond issuance.