RBI adds 25 tonne gold to its reserves in second half of FY25
In the second half of the financial year, the Indian Reserve Bank (RBI) increased its gold reserves 25 tons, according to official data issued on Monday. This addition comes to the price of the price in a period of a significant increase in 30% growth. At the end of March 2025, the total gold holding of RBI reached 879.59 tons, until 854.73 tons of September 2022.
Within the framework of the total reserves of the RBI foreign currency, the share of gold increased to 11.70% compared to 9.32% more than six months ago. However, the total reserves of foreign currency decreased to $ 668.33 billion from September 20, 2024. This decrease affects the capacity of the coverage of reserves, which can now be supported for imports of 10.5 months.
Most RBI’s gold reserves are maintained imports, increasing by 511.99 tons. In addition, 348.62 tons are provided with the Bank of England and international settlements, while 18.98 tons are preserved as gold mines. The transfer of gold to local storage in the fiscal year expires one of the most significant movements of India since 1991, which prompts the increase in global geopolitical tensions.
In context, RBI’s strategy seems to be consistent with global trends where central banks choose to promote gold reserves as a fence, the risks of currency and geopolitical risks. Despite the decrease in total reserves, the growth of gold reserves can stabilize in the conditions of fluctuations in the fluctuations. This RBI approach reflects careful strengthening of financial stability, balancing gold accumulation with forex reserve scenario.