New Delhi, October 17 (Daily Kiran): For the first time in history, India’s gold reserves have crossed the $100 billion mark, driven by a sharp rise in global gold prices. According to the latest data released by the Reserve Bank of India (RBI) on Friday, India’s gold reserves increased by $3.595 billion during the week ending October 10, reaching $102.365 billion.
However, the country’s overall foreign exchange reserves declined by $2.18 billion to $697.784 billion during the same period. Despite this, the share of gold in India’s total forex reserves has risen to 14.7%, marking its highest level in several decades.
A decade ago, gold accounted for just 7% of India’s forex reserves — meaning its share has more than doubled over the past ten years.
Data from the World Gold Council (WGC) shows that the RBI purchased gold in only four out of the first nine months of 2025, compared to almost every month in 2024. From January to September 2025, total gold purchases amounted to 4 tonnes, significantly lower than 50 tonnes bought during the same period last year.
Despite slower purchases, the surge in gold prices has substantially boosted the value of India’s holdings. Over the past year, gold prices have soared by more than 65% since the last Diwali. The yellow metal has delivered 117% returns over two years, 158% over five years, and a remarkable 250% increase over the past decade.
India remains the world’s second-largest consumer of gold, relying heavily on imports to meet domestic demand. Gold continues to hold deep cultural and economic importance in India — symbolizing wealth, stability, and prosperity, especially during festivals like Diwali and Akshaya Tritiya.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
