By Admin 
The Central Bank of India, the Reserve Bank of India (RBI), has increased its gold reserve in the second half of FY 2024-25. The RBI bought about 25 tonnes of gold during this period, causing India’s total gold reserves to 879.59 tonnes by the end of March 2025. In the end of September 2024, the figure was 854.73 tonnes.
The highest annual purchase in 7 years
Talking about the entire FY25, RBI bought more than 57 tonnes of gold, which is the highest annual purchase in the last seven years. The special thing is that this purchase has been done at a time when gold prices were seen in the global markets about 30 percent.
Where has RBI kept so much gold?
According to the RBI official Half-Ailly report, 511.99 tonnes of gold has been kept in India by March 2025. At the same time, 348.62 tonnes of gold has been preserved in England’s Bank of England and Bank for International Settlements (BIS). While 18.98 tonnes of gold is in the form of gold deposits.
The biggest domestic transfer since 1991
In the first half of FY25, RBI transferred its big part of Gold Reserve to India. The storage which was around 408 tonnes by 31 March 2024 increased to 510.46 tonnes by September 2024. It is considered to be the biggest domestic gold movement after 1991. At that time, India had to mortgage its gold while struggling with the foreign exchange crisis.
Foreign exchange reserves decreased, but gold stake increased
India’s total foreign exchange reserves have come down to $ 668.33 billion at the end of March 2025, while in September 2024 it was $ 705.78 billion. However, despite this decline, gold’s stake has increased from 9.32 percent to 11.70 percent. Through this Forex Reserve, India can cover the import of 10.5 months, which is slightly less than before. This cover was 11.8 months in September 2024.
Why did RBI do such a big gold investment?
This step has been taken keeping in mind the global geopolitical stress and international economic uncertainties. Gold is always considered a safe investment and in the current international situation, RBI wants to make its reserve safe and diverse.
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