RBI Moves 104 Tonnes Of Gold To India
RBI Moves 104 Tonnes Of Gold To India
The Reserve Bank of India has shifted another 104.23 metric tonnes of gold to domestic vaults in the six months ended March 2026, increasing the share of gold in India’s foreign exchange reserves as global bullion prices remained strong.
RBI Gold Holdings Rise Marginally
The central bank’s total gold holdings rose marginally to 880.52 metric tonnes in March 2026, compared with 880.18 metric tonnes at the end of September 2025.
The move reflects the RBI’s continued focus on managing its reserve assets at a time when gold has gained importance in global reserve strategies. Central banks across the world have been increasing their reliance on bullion amid currency volatility and geopolitical uncertainty.
India Increases Domestic Gold Storage
According to the RBI’s half-yearly report on foreign exchange reserves, a larger portion of India’s gold reserves is now being stored domestically. As of March 2026, 290.37 metric tonnes of gold was held in domestic vaults.
The report also said 197.67 metric tonnes of gold was kept in safe custody with the Bank of England and the Bank for International Settlements, while 2.80 metric tonnes was held as gold deposits.
Gold Share In Forex Reserves Reaches 16.7%
Gold’s share in India’s total foreign exchange reserves rose to 16.7% in March 2026, compared with 13.92% six months earlier. The increase was largely driven by the sharp rise in global precious metal prices.
India’s foreign currency assets stood at $552.28 billion, with a major portion invested in securities. The RBI’s net forward assets stood at $103.06 billion at the end of March 2026.
