The Reserve Bank of India (RBI) has announced the final redemption price for the Sovereign Gold Bond (SGB) 2017–18 Series VIII, issued on November 20, 2017. The bond matured today, November 20, 2025, and has delivered exceptional returns. An investment of ₹2,911 per gram in 2017 is now worth ₹12,300 — more than four times the purchase price.

Final redemption price
As per the Government of India's guidelines, SGBs are redeemable after eight years. The RBI confirmed that the final redemption price for this series is ₹12,300 per gram, calculated based on the average closing price of 999-purity gold for November 17, 18, and 19, 2025.

Gold price today
According to IBJA rates dated November 19, 2025, 24-carat (999 purity) gold is priced at ₹12,388 per gram, while 22-carat gold is at ₹12,091 per gram. These rates exclude GST and making charges. The redemption price of SGBs is determined strictly by IBJA’s benchmark prices.

Massive returns for investors
The simple average price method shows that gold bonds have delivered impressive gains purely from gold price appreciation. A bond bought in 2017 at ₹2,911 per gram and redeemed at ₹12,300 yields a profit of nearly ₹9,389 per gram — a staggering 322.5 percent return, excluding interest.

Eight-year performance
An investor who bought 10 grams in 2017 for ₹29,110 would receive around ₹1,23,000 at maturity, including the annual interest paid on SGBs. This means a total profit of about ₹93,890 over eight years.