gold bond returns
The Reserve Bank of India (RBI) has released the final redemption rate of Sovereign Gold Bond 2017-18 Series VIII. This bond was issued on 20 November 2017. According to RBI, the last date to get money back from this bond is today i.e. 20 November 2025. This bond has given very good benefits to the investors, because the price of investment of Rs 2,911 has increased to Rs 12,300. Let us understand about it in detail.
final redemption price
According to the announcement of the Government of India on 6 October 2017, the investor will get the money back on completion of 8 years of this gold bond. Accordingly, the final refund date of the bond has been fixed as November 20, 2025. The final payment for this bond is Rs 12,300 per gram. RBI said that this price has been fixed on the basis of the average price of gold of 17, 18 and 19 November 2025.
What is the price of gold today?
According to IBJA, by November 19, 2025, the price of gold of 999 purity (24 carat) is Rs 12,388 per gram and the price of 22 carat gold is Rs 12,091 per gram. These prices do not include 3% GST and making charges. The redemption price of the bond is decided as per IBJA.
This is how the return is determined when the full amount of gold bond (SGB) is received back. A simple average of the closing prices of 999 pure gold of the 3 trading days immediately preceding the redemption is taken. For example, the bond purchased for Rs 2,911 in 2017 is now being redeemed at around Rs 12,300 per gram in 2025, which means excluding interest, a profit of around Rs 9,389 due to the increase in the price of gold, which is a tremendous return of 322.5% i.e. more than two and a half times on the original amount.
Gave this much return in 8 years
If someone had bought 10 grams of gold under this bond series in 2017 at the rate of Rs 2,911 per gram, he would have got a return of 322.5% today. His total investment would have been around Rs 29,110 and if the interest rate was added to it, the amount would have reached Rs 1,23,000 i.e. the investors would have got a net profit of Rs 93,890.