On December 3, 2025, the Reserve Bank of India issued a press release regarding the final redemption of Sovereign Gold Bonds (SGB) Scheme, specifically SGB 2017-18 Series-X, which is due on December 4, 2025. The Gold Bond is repayable after eight years from the issue date (December 4, 2017), according to GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017. The redemption price will be ₹12,820 per unit, based on the simple average closing price of gold (999 purity) for the three business days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA). The days considered for averaging are December 1, 2025, December 2, 2025, and December 3, 2025. The Deputy General Manager (Communications) is Ajit Prasad. The press release number is 2025-2026/1620. The Department of Communication's phone number is 022-2266 0502. The email address is helpdoc@rbi.org.in. The website is www.rbi.org.in. The Central Office is in Mumbai - 400 001.
Key Entities Referenced
Sovereign Gold Bond (SGB) Scheme: A government scheme allowing investment in gold bonds as an alternative to physical gold.
GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017: Government of India notification that outlines the terms and conditions for the Sovereign Gold Bond (SGB) Scheme.
Reserve Bank of India: The central bank of India, involved in administering the SGB scheme.
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
December 03, 2025
Final redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price
for final redemption of SGB 2017-18 Series-X due on December 04, 2025
In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB
2017-18 Series-X-Issue date December 04, 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
December 04, 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 December 04, 2025, shall be ₹12,820/-
(Rupees Twelve Thousand Eight Hundred and Twenty only) per unit of SGB based
on the simple average of closing price of gold for the three business days i.e., December
01, 2025, December 02, 2025, and December 03, 2025.
Ajit Prasad
Press Release: 2025-2026/1620 Deputy General Manager
(Communications)