Sovereign Gold Bond: If you’re considering investing, this news may be important for you. Currently, investors in the Sovereign Gold Bond 2017-18 Series VII are reaping significant benefits. This bond matured on November 13, 2025. According to reports, investors received a remarkable return of approximately 321% on this bond.
As per the final redemption price announced, the RBI had set the final redemption price at ₹12,350 per gram. Investors invested ₹2,934 per gram.
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What is a Sovereign Gold Bond?
A Sovereign Gold Bond is an investment certificate issued by the RBI. Under this, physical gold investment is not required. Gold is purchased through a certificate issued by the government. This makes it a safe and convenient option.
The value of your gold also increases with market fluctuations. Therefore, it is considered a stable and profitable investment. Furthermore, its government-approved security significantly increases its security.
Investors prefer Sovereign Gold Bonds over physical gold due to the extra interest they earn on their investments. You don’t earn interest on physical gold investments. The RBI disburses interest to investors at regular intervals.
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What is the interest rate?
The lock-in period for gold bond investments is 8 years. However, you can opt for an early return option after 5 years, only under certain circumstances. Many investors are reluctant to invest in gold bonds because of the fixed interest rate. Furthermore, the price of gold depends on the market, making fluctuations expected.