Gold price in Qatari market falls by 2.05 percent this week
<p>Doha, Qatar: The price of gold in the Qatari market declined by 2.05% during the current week to reach $3984.60000 per ounce on Thursday, according to data issued by Qatar National Bank (QNB).</p> <p>The data showed that the price of gold fell from $4068.28000 per ounce recorded on Sunday.</p> <p>It also indicated that other precious metals recorded weekly changes, with silver declining by…
The Sovereign Gold Bond (SGB) 2018-19 Series-III was issued on November 13, 2018, according to the Government of India's notification F.No.4(22)-B(W&M)/2018. This particular tranche will be subject to final redemption on November 13, 2026. To calculate the redemption price, the average closing price of gold with 999 purity for the three business days preceding the redemption date is taken into account.
This price is sourced from the India Bullion and Jewellers Association Ltd (IBJA). For the final redemption due on November 13, 2026, the redemption price for each unit of SGB is determined to be ₹14024/- based on the simple average of closing prices for November 10, 11, and 12, 2026. Deputy General Manager (Communications) Ajit Prasad conveyed this information in the press release dated 2026-2027/1486.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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