The Reserve Bank of India (RBI) has announced that the final redemption price for the Sovereign Gold Bond (SGB) 2018-19 Series-I will be ₹14,901 per unit, payable on May 4, 2026. This price reflects a significant increase of nearly 386% from the initial issue price of ₹3,114 per unit. For those who purchased the bonds online, the effective price was ₹3,064 after a discount. An investment of ₹1 lakh at the time of issuance is projected to grow to around ₹4.8 lakh upon redemption. Additionally, investors benefit from a 2.5% annual interest, credited directly to their accounts. The SGBs, which are government securities issued in grams of gold, provide an alternative to physical gold without the associated costs. However, no new tranches have been announced for the fiscal year 2026-27 due to concerns over high borrowing. Tax implications include capital gains exemptions for original subscribers holding until maturity, while interest income is taxable according to income tax slab rates.