India’s gold reserves over 10 years: How much have they increased from 2015 to 2025?
India has strategically expanded its gold reserves over the past few years within its foreign exchange after boosting both the volume and the share. Let's have a look at the last 10 years of increased gold reserves of India.Untitled Summary
2015 (558 metric tonnes)
The total gold reserves of India were estimated to be approximately 558 tonnes in 2015, placing the country 10th globally in holdings at that time. This benchmark came from the World Gold Council and official Reserve Bank of India reports.
2016 (560 metric tonnes)
By the end of 2016, India’s official gold reserves rose to around 560 tonnes. The Reserve Bank’s data indicated a gradual accumulation, reflecting sustained gold purchases for reserve diversification.
2017 (574 metric tonnes)
In 2017, India’s gold reserves continued their growth trend, reaching about 574 tonnes. The increase signified the Reserve Bank of India’s response to global financial uncertainties and its strategy for asset diversification.
2018 (607 metric tonnes)
At the end of 2018, India’s gold reserves climbed further to approximately 607 tonnes, according to World Gold Council data cited by national news sources. The RBI’s gold acquisition remained steady and formed a larger share of India’s forex reserves due to rising global risks.
2019 (612.56 metric tons)
In March 2019, India's gold reserves accounted for 612.56 metric tons, as per the Reserve Bank of India (RBI). Of this amount, 292 metric tons were held domestically, while the remainder was held overseas in safe custody with the Bank of England and the Bank for International Settlements.
2020 (653 metric tonnes)
In 2020, the gold reserves of India stood at approximately 653 metric tonnes at the end of March and 668 metric tonnes at the end of September, according to Business Standard.
2021 (695.31 metric tonnes)
The official gold reserves of India as of March 31, 2021, stood at approximately 695.31 metric tonnes, out of which 403.01 tonnes were held overseas and 292.30 tonnes were kept domestically by the Reserve Bank of India (RBI).
2022 (760.42 metric tonnes)
With a rise of 65.11 metric tonnes from the 695.31 metric tonnes held at the end of March 2021, the Reserve Bank of India (RBI) held 760.42 metric tonnes of gold as of March 31, 2022.
2023 (794.64 metric tonnes)
The Reserve Bank of India (RBI) gold reserves in 2023 reached 794.64 metric tonnes as of March-end. This reserve includes the total amount of gold held abroad with institutions like the Bank for International Settlements (BIS) and the Bank of England, as well as domestically held gold.
2024 (822.10 metric tonnes)
India's gold reserves totalled 822.10 metric tonnes in 2024. This amount helped India place at the 7th position globally in terms of gold reserves, according to data in the Indian Express.
2025 (879.58 metric tonnes)
India's gold reserves stood at 879.58 metric tonnes as of March 31, 2025, marking a consistent year-on-year increase from 695.31 tonnes in 2021, according to the Reserve Bank of India (RBI).
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