The remaining 197.67 metric tonnes is kept in safe custody with the Bank of England and Bank of International Settlements while 2.80 MT are held in the form of gold deposits: Reports
MUMBAI: More than two thirds of India's gold reserves are now held domestically. The RBI held 880.52 metric tonnes of gold as of end March 2026 of which 680.05 metric tonnes (77 per cent) were stored
domestically according to RBI’s half yearly reserves management report.
The remaining 197.67 metric tonnes is kept in safe custody with the Bank of England and Bank of International Settlements while 2.80 MT are held in the form of gold deposits.
In comparison, as of March 2024 less than half of gold reserves were held domestically.
In total, the RBI brought 168.06 MT of gold to India in 2025-26, up from 107.21 MT in 2023-24 and 103.68 MT in 2024-25.
The share of gold in the RBI’s foreign exchange reserves jumped from 11.7 per cent as at the end of 2024-25 to 16.7 per cent due to global gold prices rising sharply on account of heightened trade and
geopolitical uncertainty.
As of March 27, 2026, India’s total foreign exchange reserves were $688 billion and the value of gold reserves was $113.5 billion. Tota reserves further increased to $703 billion during the week ended April 17.
