On October 22, 2025, the Reserve Bank of India (RBI) released a press release (2025-2026/1358) announcing the final redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically the 2017-18 Series-IV tranche, due on October 23, 2025.
In line with GOI notification F. No. 4(25)-(W&M)/2017 dated October 06, 2017, the final redemption date for this tranche is October 23, 2025, eight years from the issue date (October 23, 2017).
The redemption price is based on the simple average of the closing price of gold of 999 purity for the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA).
The redemption price for October 23, 2025 is ₹12,704/- (Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB, calculated from the average closing price of gold for October 17, 2025, October 20, 2025, and October 22, 2025.
The contact is Ajit Prasad, Deputy General Manager (Communications).
Website: www.rbi.org.in, email: helpdoc@rbi.org.in, phone: 022 - 2266 0502.
The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: Scheme under which the final redemption price for the 2017-18 Series-IV bonds is being announced.
GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017: The Government of India notification establishing the terms of the Sovereign Gold Bond Scheme that dictates the repayment of the gold bonds.
India Bullion and Jewellers Association Ltd (IBJA): The organization responsible for publishing the gold prices used to determine the redemption price of SGBs.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 22, 2025
Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption
Price for final redemption of 2017-18 Series-IV due on October 23, 2025
In terms of GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB
2017-18 Series-IV-Issue date October 23, 2017) on Sovereign Gold Bond Scheme,
the Gold Bond shall be repayable on the expiration of eight years from the date of
issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche
shall be October 23, 2025.
2. Further, the redemption price of SGB shall be based on simple average of closing
price of gold of 999 purity of previous three business days from the date of redemption,
as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly,
the redemption price for final redemption due on October 23, 2025, shall be ₹12,704/-
(Rupees Twelve Thousand Seven Hundred and Four only) per unit of SGB based
on the simple average of closing price of gold for the three business days i.e., October
17, 2025, October 20, 2025, and October 22, 2025.
Ajit Prasad
Press Release: 2025-2026/1358 Deputy General Manager
(Communications)