Sovereign Gold Bond: If you had invested in Sovereign Gold Bond (SGB) 2017-18 Series X, then there is big news for you. The premature redemption window of this bond has closed on 4 June 2025, which means that now the investors who wanted to withdraw their bonds and get money by this date have completely lost this opportunity. During this period, investors have received Rs 9,630 per unit, which has been decided by India Bullion and Jewelers Association Limited (IBJA) on the basis of average prices of 999 purity gold. This is a big deal because when this bond was issued in December 2017, the price of gold was Rs 2,961 per gram.
Now imagine, if you had invested at that time, your investment would have more than tripled in less than 8 years. That is, you have got a return of more than 225%. And this is only the benefit of the increase in the price of gold, it does not include the 2.5% annual interest received on the bond. That is, overall this investment proved to be very beneficial for you.
What to do if you miss the opportunity?
Now the question arises that if you did not participate in the premature redemption window of June 4 and missed this opportunity, what to do? So you need to know that according to RBI rules, premature redemption is allowed only after the 5th year of the bond and on the fixed dates of interest payment. These dates come every six months. This means that you will have to wait till the next interest payment date, only then you will be able to withdraw your money.
If you want, you can also hold your bond till maturity. The last date of maturity of this bond is 4 December 2025. On that day you will get the last interest payment along with the full price of the bond. This is a good option for investors because you get the full benefit of both the increase in the price of gold and the interest. In this process, your money remains safe and you can easily transact from your demat account or bank account without any hassle. If your bank details and PAN are updated correctly, then you do not even need to submit any documents or physical submission.
Now new SGB will not be issued
Another important thing is that the government has decided in its recent Union Budget 2025 that now new issues of Sovereign Gold Bonds will not be issued. This means that this scheme has been closed for new investors. But the bonds that are already issued will still be fully valid and will be available for redemption and interest payment on the due dates. So investors who have already invested can rest assured that their investment is safe and they will get full benefits on time.
So overall, SGB has given investors a safe and good option to invest in gold. If you have invested, then it will be beneficial to hold your bond till maturity. If you have not yet invested, now is the last chance to be a part of this scheme. But for those who are already investors, this has proved to be a golden opportunity, especially for those who wanted to invest in gold for the long term.