India's Gold Reserves 2025: Discover India's Gold Stash as Per RBI Data
Let's Talk Gold, Baby! The RBI's Gold reserves and Forex Reserves Breakdown
India's Reserve Bank (RBI) got their hands on a whopping 879.59 metric tonnes of gold by the end of March 2025. Out of which, a whopping 511.99 metric tonnes sat pretty in India, while the remaining was kept safe and sound with the Bank of England and the Bank for International Settlements (BIS), totaling 348.62 metric tonnes. An impressive 18.98 metric tonnes were held as gold deposits.
But wait, there's more! Gold's value in the RBI's total foreign exchange reserves increased like a boss, rising from 9.32% at the end of September 2024 to a cool 11.70% by March 2025, according to the RBI's 'Half Yearly Report on Management of Foreign Exchange Reserves.'
During the six-month period between September 2024 and March 2025, the RBI's reserves took a bit of a tumble, falling from a mighty $705.78 billion to a still impressive $630.61 billion in January 2025, before bouncing back slightly to $668.33 billion by March 2025. Talk about market volatility!
During the fiscal year 2024-2025, foreign exchange reserves increased by a cool $79.7 billion, while external liabilities grew by $76.1 billion. Here's the thing though, the gold reserves saw a significant increase, with around 57.5–58 tonnes joining the party in FY25. However, the pace of gold repatriation slowed a bit, with only 1.53 tonnes making their way back to India between September 2024 and March 2025.
Overall, the RBI's reserves saw a reshaping between September 2024 and March 2025, with a notable increase in gold reserves and a slight decrease in overall foreign exchange reserves. The increased proportion of gold in the total foreign exchange reserves can be attributed to a sharp rise in global gold prices during the period. So, what's next for the RBI's gold reserves? Only time will tell!
- By the year 2025, it's expected that the Indian real-estate sector might witness substantial investments, as a significant portion of the Reserve Bank of India's reserves, approximately 11.70%, is allocated to gold.
- In fiscal year 2024-2025, the banking-and-insurance industry, particularly the gold sector, may potentially see an influx of finance, given the substantial increase in India's gold reserves, which climbed up to 879.59 metric tonnes by March 2025.
- Financial institutions and investors might find appealing opportunities in the industry and business sectors, considering India's impressive gold reserves, amounting to 511.99 metric tonnes, deposited within the country.
- New Delhi's economic landscape might experience a shift by the year 2025, as the Reserve Bank of India's significant gold reserves could potentially influence the local, national, and possibly international financial market dynamics.
- With the projected growth in gold reserves and changes in the RBI's foreign exchange reserves, the Indian government might envision utilizing the accumulated wealth to bolster the nation's economic stability and development, specifically in key sectors such as infrastructure, banking, and industry.
