India Has 879.59 Metric Tonnes Of Gold, 511.99 MT Held Domestically: RBI

New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold on the finish of March 2025, of which 511.99 metric tonnes have been held locally, the Central Bank knowledgeable on Monday. While 348.62 metric tonnes of gold have been stored in secure custody with the Bank of England and the Bank for International Settlements (BIS), 18.98 metric tonnes have been held within the type of gold deposits.

In worth phrases (USD), the proportion of gold within the general foreign currency echange reserves greater from 9.32 according to cent at end-September 2024 to about 11.70 according to cent at end-March 2025, in line with the RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves’.

During the half-year duration underneath assessment, reserves lowered from $705.78 billion in end-September 2024 to $630.61 billion at end-January 2025, and have been at $668.33 billion at end-March 2025. During the duration between end-December 2023 and end-December 2024, the exterior belongings greater through $79.7 billion and exterior liabilities greater through $76.1 billion.

The foreign currencies belongings contain multi-currency belongings which might be held in multi-asset portfolios as according to the prevailing norms, which comply with the most productive global practices adopted on this regard.

At end-March 2025, out of the overall FCA of $567.56 billion, $485.53 billion used to be invested in securities, $45.68 billion used to be deposited with different central banks and the BIS and the stability $36.34 billion comprised deposits with industrial banks out of the country.

With the target of exploring new methods and merchandise in reserve control whilst diversifying the portfolio, a small portion of the reserves is being controlled through exterior asset managers, knowledgeable the RBI. At the top of December 2024, foreign currency echange reserves duvet of imports (on a stability of bills foundation) stood at 10.5 months (11.8 months at end-September 2024).

The ratio of momentary debt (authentic adulthood) to reserves, which used to be 19.1 according to cent at end-September 2024, greater to 22.0 according to cent at end-December 2024. The ratio of risky capital flows (together with cumulative portfolio inflows and exceptional momentary debt) to reserves greater from 67.8 according to cent at end-September 2024 to 74.3 according to cent at end-December 2024, the Bank knowledgeable.