Yes, really. The RBI just announced the premature redemption price: ₹15,334 per unit. That’s not a typo. For ₹1 lakh invested, you’d get back around ₹3.28 lakh; without even counting the 2.5% annual interest you’ve been earning. Here’s the catch: you’re not forced to redeem. You can hold till maturity. But with gold prices where they are, many are tempted to cash out now. Also; the redemption price isn’t based on your purchase price. It’s linked to the average gold price of the 3 days before Sept 7, 2026 (₹15,334 was calculated from Sept 2-4 gold rates). Before you hit “redeem,” ask yourself: → Do you need the cash now? → Do you believe gold will go higher? → Will your tax liability change if you sell in secondary market vs. redeem via RBI? Smart money isn’t rushing. It’s calculating.