Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for final redemption of SGB 2017-18 Series-VIII due on November 20, 2025
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In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-VIII-Issue date November 20, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be November 20, 2025. 2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for final redemption due on November 20, 2025, shall be ₹12,300/- (Rupees Twelve Thousand Three Hundred only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., November 17, 2025, November 18, 2025, and November 19, 2025. Ajit Prasad Press Release: 2025-2026/1533 |
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