The Reserve Bank of India (RBI) on October 29 announced the final redemption price for the Sovereign Gold Bond (SGB) 2017-18 Series-V, which is due for maturity on October 30, 2025. Investors in this tranche are set to book remarkable gains of around 303% over the eight-year holding period, underscoring the long-term strength of gold as an investment asset. Advertisement

In a notification issued on Tuesday, the central bank said the final redemption price for the ‘SGB 2017-18 Series-V’ (issue date October 30, 2017) has been fixed at Rs 11,992 per gram. The bond was originally issued at ₹2,971 per gram, translating into an impressive return of over three times the initial investment.

As per the terms of the Sovereign Gold Bond scheme, the bonds mature after eight years, with the redempti

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