The Sovereign Gold Bond (SGB) 2017–18 Series IV, issued on October 23, 2017, is set for final redemption on Thursday (October 23). The Reserve Bank of India (RBI) has fixed the redemption price at ₹12,704 per gram, based on the simple average of closing prices of gold of 999 purity for the three business days—October 17, 20, and 22, 2025—published by the India Bullion and Jewellers Association (IBJA).

At the time of issuance, the bond was priced at ₹2,987 per gram.

With the maturity price now at ₹12,704, investors stand to gain an absolute return of around 325% over eight years, excluding the annual interest component.

SGBs carry a fixed interest rate of 2.5% per annum on the initial investment amount, payable semi-annually. The final interest payout will be made along with the princi

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