The Reserve Bank of India announced on Wednesday a redemption price of ₹12,801 per unit for two series of sovereign gold bonds (SGB). Unit holders of the SGB 2017-18 Series-XI, issued on December 11, 2017, will receive this amount as their final redemption price, according to an official statement.
At the time of investment, unit holders purchased the SGB at ₹2,954 per unit and earned an interest of 2.5 percent per annum on their investment. The initiative was launched to encourage Indian investors—among the world’s largest gold importers—to consider alternatives to physical gold. Recent increases in gold prices have resulted in notable gains for investors.
The RBI also set the same redemption price of ₹12,801 per unit for the premature redemption of the 2019-20 Series I, which is due on December 11, 2025. The redemption values are calculated based on the simple average of the closing prices of 999-purity gold over the three working days preceding the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA).
This price reflects the closing prices of gold recorded from Monday to Wednesday prior to the announcement.
The article was published on December 11, 2025.
