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India Boosts Gold Reserves to 11.7% of Forex Assets, Following Global Trend

Gold Price Record $3400 for First Time in HISTORY
Gold Price Record $3400 for First Time in HISTORY

India’s gold reserves have doubled as a percentage of foreign exchange holdings over the past four years, reaching 11.70% by March 2025, up from 5.87% in March 2021, according to a recent Reserve Bank of India report.

The RBI now holds 879.59 metric tonnes of gold (an increase from 854.73 tonnes in September 2024), with about 58% stored domestically and the remainder held internationally.

This shift follows the global trend of central banks increasing gold holdings to hedge against inflation and currency volatility.

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