India Gold Reserves: At a time when global tensions, wars, sanctions and economic uncertainty are reshaping financial strategies around the world, gold has once again become an essential shield for national economies. India maintains one of the world’s largest official reserves of gold through the Reserve Bank of India. But in 2025, RBI has significantly reduced the purchase of new gold. In the meantime, let us know how much gold reserves India has and what is its value.

India’s total gold reserves

India’s official gold reserves are approximately 880.18 metric tons. In terms of value, the price of this gold is estimated to be around 113.32 billion dollars. This price in Indian currency is more than Rs 9.5 lakh crore. This makes gold one of the most precious assets in the country’s treasury.

Increasing share of gold in India’s foreign exchange reserves

Gold has played a major role in India’s total foreign exchange reserves. Now its share has become 16.02% of the total forex reserves. Its value is approximately 687 billion dollars. This is the highest share of gold in the last two decades. The move signals India’s intention to reduce over-dependence on the US dollar and protect its reserves from global financial shocks, sanctions and currency stability.

Where does India keep its gold

In the last few years, India has paid a lot of attention to bringing its gold back home. At present about 510 to 575 tonnes of gold is kept safely inside India. This gold is kept mainly in the safes of RBI located in Mumbai and Nagpur. The remaining approximately 290 tonnes of gold is kept abroad with trusted institutions like the Bank of England and the Bank for International Settlements.

In the last three years alone, India has brought back about 274 tonnes of gold. This step has been taken due to geopolitical risks, global sanctions and the need for direct control over strategic national assets.

huge decline in shopping

There has been a huge decline in RBI’s gold purchases in 2025. While RBI had bought 72.6 tonnes of gold in 2024, it bought only 4.02 tonnes in 2025. This purchase was the lowest in 8 years.

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