329% Return on Sovereign Gold Bond 2017-18 Series IX Premature Redemption at ₹12,484 Per Gram

Investors in the Sovereign Gold Bond (SGB) 2017-18 Series IX, issued on November 27, 2017, witnessed a substantial price appreciation of 329% as the bond matured for final redemption on November 27, 2025.  

Launched with the objective of offering an alternative to physical gold while generating fixed returns, the scheme has delivered strongly owing to the consistent rise in gold prices over the 8-year holding period. 

SGB 2017 Series IX Gives Robust 329% Gain on Maturity 

The SGB 2017-18 Series IX was issued at ₹2,964 per gram, with a discounted online price of ₹2,914. At redemption, the bond value has risen to ₹12,484 per gram. This marks a 329% increase in capital, excluding the 2.5% annual interest paid semi-annually offered under the scheme.  

The redemption price was calculated based on the average of 999-purity gold prices in the last 3 business days prior to maturity, as published by IBJA. 

Government’s Gold Mobilisation Through SGBs 

As of March 31, 2025, the Government of India successfully mobilised 146.96 tonnes of gold worth ₹72,275 crore through 67 tranches of the Sovereign Gold Bond programme.  

Of this, approximately 18.81 tonnes have already been redeemed by investors as of June 15, 2025. Investors holding these bonds in either physical or dematerialised form receive the maturity proceeds directly in their linked bank or demat accounts. 

Read More: 141% Gain on Sovereign Gold Bond 2020-21 Series-VIII Premature Redemption at ₹12,476 Per Gram! 

Conclusion 

The SGB 2017-18 Series IX has demonstrated the value of long-term investment in gold-linked sovereign securities. With significant price gains and additional interest payouts over 8 years, it has proven to be a rewarding non-physical gold investment option for many investors. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.