The Reserve Bank of India (RBI), on March 13, 2025, issued Final Redemption under Sovereign Gold Bond (SGB) Scheme - Series IV (2016-17).
The final redemption date for Sovereign Gold Bond (SGB) 2016-17 Series IV, issued on March 17, 2017, is March 17, 2025, as per Government of India Notification F.No.4(16)-W&M/2016 dated February 23, 2017.
The redemption price will be ₹8,624/- per unit, calculated based on the simple average of the closing price of gold of 999 purity for the week from March 10 to 13, 2025, as published by the India Bullion and Jewellers Association Ltd (IBJA). Note that March 14, 2025, is a holiday.
[Notification No. 2024-2025/2378]
