India’s gold reserves crossed an unprecedented $100 billion, reaching $102.365 billion as of October 10, 2025. This milestone reflects soaring global gold prices and strategic accumulation, making gold nearly 15% of India’s foreign reserves, the highest share in almost three decades and a key hedge against currency risks and inflation.
India has achieved a historic milestone as its gold reserves soared past the $100 billion mark for the first time ever, according to the latest data from the Reserve Bank of India (RBI). As of October 10, 2025, India’s gold holdings are valued at approximately $102.365 billion, buoyed by a significant rally in global gold prices despite a slowdown in purchases by the central bank.
Key Highlights
The share of gold in India’s total foreign exchange reserves has risen sharply to 14.7%, nearing the highest level since 1996-97, doubling from below 7% a decade ago.
This growth is largely attributed to a spectacular 65% surge in global gold prices this year, fueled by economic uncertainties and geopolitical tensions.
While RBI’s acquisitions slowed markedly in 2025—adding only 4 tonnes between January and September compared to 50 tonnes the previous year—the valuation gains have propelled the reserves’ value upward.
Gold serves as a strategic asset for India, providing a hedge against currency volatility, inflation, and global financial shocks, enhancing the stability of the foreign exchange reserves, which stand at $697.8 billion.
Experts note the central bank’s diversified gold buying pattern and soaring prices as vital to India’s de-dollarization efforts and strengthening economic resilience.
Despite recent declines in overall foreign exchange reserves, gold’s elevated share underscores its role as a safe haven during global market uncertainties and supply chain disruptions.
India remains the world’s second-largest consumer of gold, heavily reliant on imports, driven by cultural demand and its function as an investment and reserve asset.
This landmark crossing of the $100 billion threshold in gold reserves not only highlights India’s growing financial strength but also its prudence in managing foreign assets amid volatile global conditions.
Sources: Reserve Bank of India, Reuters, Times of India, World Gold Council, Economic Times