+ Follow us On Google

Investors in the Sovereign Gold Bond (SGB) 2017–18 Series-VIII are set for exceptional returns after the Reserve Bank of India (RBI) announced the final redemption price for the tranche maturing on November 20, 2025.

The RBI has fixed the redemption payout at Rs 12,300 per unit, calculated using the simple average of 999-purity gold prices published by the India Bullion and Jewellers Association on November 17, 18 and 19.

The Series-VIII bond was originally issued in November 2017 at Rs 2,951 per gram. Based on the latest redemption price, investors will gain Rs 9,349 per unit, translating into a total return of about 317% over eight years.

Key Numbers

Issue price (2017): Rs 2,951

Redemption price (2025): Rs 12,300

Absolute gain: Rs 9,349 per unit

Total r

See Full Page