On November 12, 2025, the Reserve Bank of India (RBI) released information regarding the final redemption price for the Sovereign Gold Bond (SGB) Scheme, specifically for the 2017-18 Series-VII, which is due on November 13, 2025. As per GOI Notification F. No.4(25)-(W&M)/2017 dated October 06, 2017, the gold bond is repayable after eight years from the issue date of November 13, 2017. The redemption price for SGB is ₹12,350/- (Rupees Twelve Thousand Three Hundred and Fifty only) per unit, based on the simple average of the closing price of gold of 999 purity for the three business days prior to redemption. These days are November 10, 2025, November 11, 2025, and November 12, 2025, as published by the India Bullion and Jewellers Association Ltd (IBJA). The contact person for further information is Ajit Prasad, Deputy General Manager (Communications). The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. The press release number is 2025-2026/1493. The RBI website is www.rbi.org.in, and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: The scheme under which the redemption price is being announced.
GOI Notification F. No.4(25)-(W&M)/2017: The original notification establishing the terms of the Sovereign Gold Bond Series VII.
Reserve Bank of India: The issuer of the press release regarding redemption of the SGB scheme.
India Bullion and Jewellers Association Ltd (IBJA): Organization publishing the gold prices used for redemption calculations.
Mumbai: Location of the Reserve Bank of India's Department of Communication.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
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
November 12, 2025
Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price
for final redemption of 2017-18 Series-VII due on November 13, 2025
In terms of GOI Notification F. No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB
2017-18 Series-VII-Issue date November 13, 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
November 13, 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 November 13, 2025, shall be ₹12,350/-
(Rupees Twelve Thousand Three Hundred and Fifty only) per unit of SGB based on
the simple average of closing price of gold for the three business days i.e., November 10,
2025, November 11, 2025, and November 12, 2025.
Ajit Prasad
Press Release: 2025-2026/1493 Deputy General Manager
(Communications)