Sovereign Gold Bond (SGB) 2017-18 Series 9 final redemption: 328% profit for online investors

Sovereign Gold Bond final redemption on November 27, 2025: Investors can book over 321% profit on the final redemption of SGB 2017-18 Series-IX on Thursday (November 27, 2025).

"In terms of GOI Notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-IX-Issue date November 27, 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 27, 2025," the central bank said in a release dated 26 November.

This SGB Series was open for subscription from November 20 to 22, 2017, with settlement on November 27, 2017, and is now due for final redemption after the completion of 8 years.

How much profit will investors get?

The RBI has set the price for final redemption of SGB 2017-18 Series 9 at ₹12,484 per unit.

In a release dated November 26, the central bank said,"the redemption price of SGB shall be based on the simple average of the closing price of gold of 999 purity of the 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 27, 2025, shall be ₹12,484/- (Rupees Twelve Thousand Four Hundred and Eighty Four only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., November 24, 2025, November 25, 2025, and November 26, 2025."

In 2017, this SGB series was offered to investors at ₹2,964 per gram (1 unit = 1 gram). Further, there was also a discount of ₹50 on online investment in this SGB series in 2017. So, investors who invested in this SGB series online in 2017 paid  ₹2,914 per gram.

The absolute return is ₹12,484 minus ₹2,964, equaling ₹9,520 (excluding interest). This represents a return of 321%, calculated as (9,520 ÷ 2,964) × 100.

The absolute return for those who bought this SGB series online in 2017 amounts to ₹12,484 minus ₹2,14, which equals ₹9,570 (excluding interest). This represents a return of 328%, calculated as (9,570 ÷ 2,914) × 100.

The calculation shows that investors who purchased the SGB 2017-18 Series 9 online in 2017 will book a 328% profit on redemption, while offline investors will book a 321% profit on final redemption.