Sovereign Gold Bonds are having a mixed session today on both BSE and NSE. While a handful of series are trading in the green, the majority are under pressure, with some longer-dated series seeing sharper corrections. Here is a complete look at how all active SGB series are trading as of March 18, 2026.
What Is the SGB Trading Price Today?
SGB prices today are broadly ranging between ₹14,903 and ₹15,706 across all active series on BSE and NSE. The variation reflects differences in maturity dates, liquidity, and how each series is being priced relative to the underlying gold rate — which stands at ₹15,775 per gram for 24K gold today.
SGB Rates Today — BSE and NSE (March 18, 2026)
| Series | Exchange | Price (₹) | Change |
|---|---|---|---|
| SGBJAN30IX | BSE | 15,700.00 | +200.00 (+1.29%) |
| SGBJAN27 | NSE | 15,320.93 | +119.93 (+0.79%) |
| SGBJUN27 | NSE | 15,349.69 | +82.89 (+0.54%) |
| SGBJAN27 | BSE | 15,656.40 | 0.00 (0.00%) |
| SGBJAN29X | BSE | 15,320.14 | 0.00 (0.00%) |
| SGBJUN28 | BSE | 15,322.09 | 0.00 (0.00%) |
| SGBJUL29IV | BSE | 15,399.00 | 0.00 (0.00%) |
| SGBJU29III | BSE | 15,320.00 | 0.00 (0.00%) |
| SGBJAN29IX | BSE | 15,400.00 | -1.00 (-0.01%) |
| SGBJUN31I | BSE | 15,706.00 | -44.00 (-0.28%) |
| SGBJUN29II | BSE | 15,260.00 | -44.56 (-0.29%) |
| SGBJ28VIII | NSE | 15,304.76 | -44.24 (-0.29%) |
| SGBJUN28 | NSE | 15,274.98 | -44.88 (-0.29%) |
| SGBJUN31I | NSE | 15,690.89 | -50.20 (-0.32%) |
| SGBJUN29II | NSE | 15,259.99 | -56.01 (-0.37%) |
| SGBJU29III | NSE | 15,249.99 | -70.27 (-0.46%) |
| SGBMAY29I | NSE | 15,240.01 | -81.38 (-0.53%) |
| SGBJUL27 | NSE | 15,200.00 | -85.00 (-0.56%) |
| SGBDE31III | NSE | 15,790.01 | -99.48 (-0.63%) |
| SGBJUL28IV | NSE | 15,218.00 | -101.92 (-0.67%) |
| SGBDE30III | NSE | 15,598.00 | -106.27 (-0.68%) |
| SGBJUL28IV | BSE | 15,225.00 | -117.21 (-0.76%) |
| SGBJUN30 | NSE | 15,421.00 | -119.00 (-0.77%) |
| SGBJAN30IX | NSE | 15,350.00 | -131.84 (-0.85%) |
| SGBJAN29X | NSE | 15,210.00 | -140.00 (-0.91%) |
| SGBJAN29IX | NSE | 15,216.00 | -166.63 (-1.08%) |
| SGBJUL29IV | NSE | 15,211.00 | -241.77 (-1.56%) |
| SGBJUN30 | BSE | 15,571.00 | -354.32 (-2.22%) |
| SGBJUL27 | BSE | 15,285.00 | -626.74 (-3.94%) |
| SGBJ28VIII | BSE | 14,903.00 | -1,009.86 (-6.35%) |
Today’s Session at a Glance
The session is broadly under pressure. Of the thirty active series tracked today, only three are in positive territory — SGBJAN30IX on BSE leading gains at +1.29%, followed by SGBJAN27 on NSE at +0.79% and SGBJUN27 on NSE at +0.54%. Four series are unchanged. The remaining twenty-three are in the red, with losses ranging from a marginal -0.01% to a sharp -6.35% on SGBJ28VIII on BSE.
The steeper losses in certain BSE-listed series — particularly SGBJUL27 BSE (-3.94%) and SGBJ28VIII BSE (-6.35%) — are likely a reflection of thin liquidity in those specific series rather than a fundamental re-rating of gold. SGB series with lower trading volumes can see exaggerated price moves on days with limited buyer interest.
Why Do SGB Prices Differ From the Physical Gold Rate?
This is one of the most common points of confusion for SGB investors. The underlying 24K gold rate today is ₹15,775 per gram, yet most SGB series are trading between ₹15,200 and ₹15,700. The gap exists for a few reasons.
SGBs trade on the secondary market like any other listed security, and their price is determined by demand and supply on the exchange — not solely by the gold price. Series closer to their maturity date tend to trade closer to the prevailing gold NAV, while longer-dated series can trade at a discount due to the opportunity cost of locking in capital for an extended period. Liquidity also plays a significant role — thinly traded series can deviate more meaningfully from the gold price on any given day.
For investors holding SGBs to maturity, the secondary market price is largely irrelevant. At maturity, the RBI redeems SGBs at the prevailing gold price for those grams, plus the 2.5% annual interest earned through the holding period — making them one of the most tax-efficient and cost-effective ways to hold gold in India.
SGB vs Physical Gold — Which Makes More Sense Today?
With physical 24K gold at ₹15,775 per gram today, several SGB series are currently trading at a meaningful discount to that rate on the secondary market. For investors comfortable with exchange-traded instruments and a longer holding horizon, buying SGBs at a discount to NAV — and collecting 2.5% annual interest on top — is a structurally more efficient proposition than buying physical gold at full retail price plus making charges and GST.
The caveat is liquidity. If you need to exit before maturity, you are at the mercy of secondary market trading volumes, which can be thin for certain series as today’s session illustrates.
Key Things to Remember Before Buying SGBs
Interest income: SGBs pay 2.5% per annum on the issue price, credited semi-annually to your bank account. This is taxable as per your income slab.
Tax on maturity: Capital gains on SGB redemption at maturity are completely tax-free for individual investors — a significant advantage over physical gold and gold ETFs.
Early exit: SGBs can be redeemed with the RBI after the fifth year from the issue date on interest payment dates. Secondary market exit is available anytime through BSE or NSE, subject to liquidity.
Minimum purchase: One gram of gold, with a maximum of 4 kg per financial year for individuals.
Gold rates and SGB prices move through the day. For live secondary market prices, track BSE and NSE directly or check platforms like Zerodha, Groww, or Kite. For new issuance prices, monitor RBI notifications.
Disclaimer: SGB prices and gold rates mentioned are as of March 18, 2026, sourced from publicly available market data. This article is for informational purposes only and does not constitute financial or investment advice.