The Reserve Bank of India has published the final redemption price for the Sovereign Gold Bond (SGB) 2017-18 Series X, which is set for maturity on December 4, 2025. Issued on December 4, 2017, this tranche completes its eight-year lifespan in compliance with the Government of India’s announcement of October 6, 2017.
As a result, Rs 12,820 per unit will be the redemption price for the next maturity. This price is generated from the average closing prices reported on December 1, 2, and 3, 2025.
Investors who subscribed to this tranche may anticipate the funds to be deposited to their bank accounts on the redemption date, providing them returns consistent with the high performance of gold prices throughout the eight-year period.
The computation of the SGB 2017–18 Series X redemption price
The price has been computed based on the simple average closing price of 999-purity gold for the three business days before the redemption date—December 1, 2, and 3, 2025.—as reported by the India Bullion & Jewellers Association (IBJA).
Over 300% return for investors
The price of the Sovereign Gold Bond (SGB) 2017–18 Series X was Rs 2,964 per unit (Rs 2,914 for online applicants). Investors will now get Rs 12,820 per unit upon ultimate redemption on December 4, 2025, after the maturity term. This equates into a capital gain of about Rs9,856–Rs9,906 per unit, generating total returns of around 332% to 340% over eight years. The investment has produced a robust CAGR of around 17.1%–17.3% on an annualized basis. In addition to this price increase, investors also got 2.5% annual income on the issue price, adding additional Rs580–Rs590 during the lifetime, making SGBs one of the most lucrative long-term retail investment products.
Final maturity SGBs in 2025
Here’s the list of Sovereign Gold Bonds that have matured in 2025 so far.
SGB 2017‑18 Series I – final redemption date: 9 May 2025.
The last day to redeem SGB 2017–18 Series II is July 28, 2025.
SGB 2017‑18 Series III – final redemption date: 16 October 2025.
SGB 2017‑18 Series IV – final redemption date: 23 October 2025.
Final redemption date for SGB 2017–18 Series-V: October 30, 2025
SGB 2017‑18 Series VI – final redemption date: 6 November 2025.
Final redemption date for SGB 2017-18 Series-VII: November 13, 2025
SGB 2017‑18 Series VIII – final redemption date: 20 November 2025.
Final redemption date for SGB 2017–18 Series IX is November 27, 2025
What is the tax treatment of Sovereign Gold Bonds
As per the requirements of the Income-tax Act, 1961 (Section 43 of 1961) the interest on the SGBs is taxable. When a person redeems these bonds, they are immune from paying capital gains tax. The indexation advantages will apply to any capital gains resulting from the transfer of the bonds on the exchange.
What is the Sovereign Gold Bonds scheme?
The Indian government launched the SGB Scheme in November 2025 as a substitute to encourage gold ownership. The bonds were issued by the RBI for and on behalf of the Centre. The bonds priced in grams of gold gave investors dual benefit– receiving a set yearly interest of 2.5% on the issue price and reaping capital appreciation tied to gold prices. The initiative principally designed to decrease India’s dependability on imported physical gold, minimize hoarding, and redirect family savings into financial assets.
The bonds have a set period of eight years, although investors may leave after five years on interest payment days if they desire. SGBs may also be exchanged on stock markets, transferred to others, or used as collateral for loans.
How Do Sovereign Gold Bonds (sgb) Work?
If you wish to invest in Sovereign Gold Bonds, all you need is to acquire Sovereign Gold Bond from either a bank, SHCIL or specified post offices. An SGB certificate from the issuing bank or certain post offices is provided for offline transactions. You can gather it. In case you have acquired an SGB online, your demat account portfolio will reflect. The SGBs yield an interest of 2.5% per year.
