On October 22, 2025, the Reserve Bank of India (RBI) released a press release regarding the final redemption under the Sovereign Gold Bond (SGB) Scheme for the 2017-18 Series-IV, which is due on October 23, 2025.
According to GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017, the Gold Bond is repayable after eight years from the date of issue, making the final redemption date October 23, 2025.
The redemption price of SGB will be based on the simple average of the closing price of gold of 999 purity for the three business days prior to the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The redemption price for October 23, 2025, is set at ₹12,704 per unit of SGB. This price is based on the simple average of closing prices of gold for October 17, 2025, October 20, 2025, and October 22, 2025.
The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502 and email is helpdoc@rbi.org.in. The website is www.rbi.org.in.
The press release number is 2025-2026/1358. Ajit Prasad, Deputy General Manager (Communications) is listed as the contact.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A scheme allowing investment in gold in dematerialized form.
2017-18 Series-IV: Specific tranche of Sovereign Gold Bond (SGB) Scheme being redeemed.
GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017: Government of India notification related to Sovereign Gold Bond scheme.
India Bullion and Jewellers Association Ltd (IBJA): Publishes the gold prices used for SGB redemption.
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)