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Commodity Post Session News

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(05 May 2025, 17:34)

Commodities Buzz: RBI holds 879.59 tonnes of Gold, accounts for 11.70% share of fx reserves

The Reserve Bank of India stated today that as at end-March 2025, the Reserve Bank held 879.59 metric tonnes of gold, of which 511.99 metric tonnes were held domestically. 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 as at end-September 2024 to about 11.70 per cent as at end-March 2025.
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