India has the seventh largest gold reserves internationally. (AI image) The Reserve Bank’s gold assets value (including gold deposits) saw a substantial rise of 57.12 per cent, reaching Rs 4,31,624.8 crore as of March 31, 2025. This increase was primarily attributed to the addition of 54.13 metric tonnes of gold and the yellow metal’s price…
Globally, central banks’ collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has been on a gold buying spree, but it’s not alone! Several countries besides India are increasing their gold holdings significantly. Among countries that witnessed the most substantial increase in gold’s proportion of…
India, the world’s fifth largest economy, also has the seventh highest gold reserves globally. (AI image) Today is Akshaya Tritiya and buying gold is considered auspicious. But did you know that gold is considered a safe haven asset – not just by individuals but also central banks. Which explains why central banks around the world…
The RBI’s gold acquisitions align with the worldwide trend of central banks actively purchasing gold. (AI image) The Reserve Bank of India (RBI) acquired 57.5 tonnes of gold during FY25, expanding its holdings of safe haven assets whilst gold prices increased by over one-third during a period of instability in global financial markets. The RBI’s…
India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in over two years. This surge follows a decline of USD 1.781 billion in the previous week, which brought reserves down to USD 638.698 billion, news…
The RBI maintains that its gold reserves serve primarily to diversify its foreign currency assets portfolio. (AI image) The RBI’s strategic gold buying has bolstered India’s foreign exchange reserves, offsetting the significant outflow of foreign portfolio investments that resulted in a $47 billion reduction in reserves over a five-week period.Since December 2017, the RBI has…