Overview
- Final redemption for Sovereign Gold Bond 2017–18 Series VI took place on November 6, 2025, with the RBI fixing the payout at Rs 12,066 per unit.
- Based on the issue price of Rs 2,895 for digital applicants (Rs 2,945 offline), investors realize roughly a 316–317% gain, excluding the 2.5% annual interest.
- The redemption price was calculated using the simple average of IBJA closing prices on October 31, November 3 and November 4, as specified by the scheme.
- SGBs pay a fixed 2.5% yearly interest that is taxable, while capital gains on redemption are exempt for individual investors under scheme rules.
- Gold has surged over 50% in 2025 to above $4,000/oz, pressuring jewellery demand and boosting financial flows into gold ETFs and loans, as separate reporting also cites a Rs 93,284 crore calculated capital loss to the government from SGBs excluding interest.