Investors of the Sovereign Gold Bond (SGB) 2017–18 Series-VII are set for a windfall as the Reserve Bank of India (RBI) announced a final redemption price of Rs 12,350 per gram, marking one of the strongest payouts since the scheme’s launch. The tranche, issued on November 13, 2017, completed its eight-year maturity on November 13, 2025, delivering a staggering 321% return over the tenure—excluding the additional 2.5% annual interest paid to bondholders throughout the period. Advertisement
The maturity value was calculated based on the simple average of 999-purity gold closing prices published by the India Bullion and Jewellers Association (IBJA) for November 10, 11, and 12, 2025. Investors who subscribed to the issue at its original price of Rs 2,934 per gram, or Rs 2,884 per gram for o

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