New Delhi, May 5 : The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed on Monday.
While 348.62 metric tonnes of gold were kept in safe custody with the Bank of England and the Bank for International Settlements (BIS), 18.98 metric tonnes were held in the form of gold deposits. In value terms (USD), the share of gold in the total foreign exchange reserves increased from 9.32 per cent at end-September 2024 to about 11.70 per cent at end-March 2025, according to the RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves’. During the half-year period under review, reserves decreased from $705.78 billion in end-September 2024 to $630.61 billion at end-January 2025, and were at $668.33 billion at end-March 2025. During the period between end-December 2023 and end-December 2024, the external assets increased by $79.7 billion and external liabilities increased by $76.1 billion. The foreign currency assets comprise multi-currency assets that are held in multi-asset portfolios as per the existing norms, which conform to the best international practices followed in this regard. At end-March 2025, out of the total FCA of $567.56 billion, $485.53 billion was invested in securities, $45.68 billion was deposited with other central banks and the BIS and the balance $36.34 billion comprised deposits with commercial banks overseas.