By Admin 
India Gold Reserve: India has achieved a great achievement amidst the rising prices of gold. The gold reserve of the Reserve Bank of India (RBI) has crossed the $100 billion mark for the first time. In the week ending 10th, the country’s gold reserve has increased by $ 3.59 billion to the level of $ 102.36 billion. This is the seventh consecutive week when India’s gold reserves have increased. However, during this period the foreign exchange reserves declined marginally to $697.78 billion.
India’s share in total gold reserves increased
According to a report by news agency Reuters, India’s share in total gold reserves is now 14.7 percent—the highest since the 1990s. The Reserve Bank purchased about 4 tonnes of gold between January and September, while the RBI bought about 57.5 tonnes of gold in the financial year 2024-25. Out of the first nine months of the year 2025, the Reserve Bank made net purchases of gold only in four months.
Focus is shifting from dollar
Kavita Chacko, head of resources for India at the World Gold Council, said, there has been a tremendous increase in the share of gold in India’s foreign exchange reserves, which has mainly been due to rising valuations due to rising gold prices. This rise has strengthened the global sentiment about increasing the share of different things in the reserves amid global economic uncertainties. Many central banks of the world are now focusing on purchasing gold instead of dollars. Amidst geopolitical risks, their effort is to reduce dependence on the dollar. Countries like Poland, Uzbekistan and Türkiye have purchased gold extensively.
foreign exchange reserves decreased
According to the data released by the Reserve Bank of India (RBI) on Friday, India’s foreign exchange reserves declined by $ 2.176 billion to $ 697.784 billion in the week ending October 10. This is the second consecutive weekly decline. Earlier last week, the reserves had decreased by $ 276 million to $ 699.96 billion. According to RBI data, Foreign Currency Assets (FCA), the largest component of foreign exchange reserves, fell by a huge $ 5.60 billion to $ 572.10 billion. FCA data reflects fluctuations in the valuation of currencies such as the euro, pound and yen held in reserves.
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