The Government of India has confirmed the final redemption price for Sovereign Gold Bond (SGB) 2017-18 Series-XII, which matures on December 18, 2025. Issued on December 18, 2017, under notification F.No.4(25)-(W&M)/2017 dated October 06, 2017, the bond completes its eight-year tenure this month.
The redemption price has been calculated using the simple average of the closing price of gold of 999 purity for the previous three business days, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price is ₹13,245 per unit of SGB.
The redemption price for SGB is determined based on the simple average of gold prices of 999 purity for the last three business days before the redemption date. For this tranche, the relevant dates were December 15, 2025, December 16, 2025, and December 17, 2025.
The IBJA published these rates, which were averaged to arrive at ₹13,245 per unit. This mechanism ensures transparency and alignment with prevailing market prices for gold.
The SGB 2017–18 Series-XII was issued on December 18, 2017, with an eight-year maturity period. December 18, 2025, marks the final redemption date for this tranche.
Investors will receive the redemption proceeds directly into their linked bank accounts. The scheme was designed as an alternative to physical gold, offering interest income along with exposure to gold price movements.
Holders of the SGB 2017–18 Series-XII will receive ₹13,245 per unit on redemption, in addition to the interest earned over the tenure. The settlement process will be managed by the Reserve Bank of India through authorised banks and intermediaries.
Investors should ensure that their bank account and demat details are up to date. This will help prevent any delays in crediting the redemption proceeds.
Read More: Gold Prices Expected to Maintain Upward Momentum in 2026.
The final redemption of SGB 2017-18 Series-XII at ₹13,245 per unit marks the completion of its eight-year cycle. Investors benefit from both the fixed interest component and appreciation in gold prices over the tenure.
The Sovereign Gold Bond Scheme continues to offer a secure and efficient alternative to physical gold, combining convenience with returns linked to gold prices. With this redemption, the scheme reaffirms its position as a preferred instrument for long-term investors seeking stability and transparency.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 18, 2025, 11:54 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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