The Reserve Bank of India (RBI) has announced the final redemption details for the Sovereign Gold Bond (SGB) 2017–18 Series X, which completes its eight-year tenure on December 4, 2025. The tranche was originally issued on December 4, 2017, in line with the Government of India notification.
As per the SGB guidelines, the redemption price is calculated using the simple average of the closing price of 999-purity gold for the three business days preceding the date of redemption, as published by the India Bullion and Jewellers Association (IBJA).
Based on the gold prices on December 1, 2 and 3, 2025, the final redemption price has been fixed at Rs 12,820 per unit.
The RBI stated that bondholders will receive the redemption amount along with accrued interest through their registered bank accounts on the due date.