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RBI announces ₹12,350 redemption price for SGB 2017-18 Series-VII with returns over 320%
RBI set the final redemption price of SGB 2017-18 Series-VII at ₹12,350, giving investors approximately 328 % returns since 2017, highlighting gold bonds as a reliable inflation hedge and long-term investment.
The Reserve Bank of India (RBI) has set the final redemption price for the Sovereign Gold Bond (SGB) 2017-18 Series-VII, maturing on November 13, 2025, at ₹12,350 per unit. Issued at ₹5,400 in November 2017, the bond offers cumulative returns of around 328 %, including fixed annual interest of 2.5 % and capital gains linked to gold prices. Redemption will be automatic or transferred to investors' e-box accounts.
This strong return reflects long-term gold appreciation and the appeal of SGBs as an inflation hedge.