{"id":18715,"date":"2025-10-18T03:22:57","date_gmt":"2025-10-18T03:22:57","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/10\/18\/rbis-gold-reserves-cross-100-billion-for-first-time-indias-forex-kitty-at-698-billion-economy-news\/"},"modified":"2025-10-18T03:22:57","modified_gmt":"2025-10-18T03:22:57","slug":"rbis-gold-reserves-cross-100-billion-for-first-time-indias-forex-kitty-at-698-billion-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/18\/rbis-gold-reserves-cross-100-billion-for-first-time-indias-forex-kitty-at-698-billion-economy-news\/","title":{"rendered":"RBI’s Gold Reserves Cross $100 Billion For First Time, India’s Forex Kitty At $698 Billion | Economy News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

The share of gold in India’s total reserves climbed to 14.7%, the highest since 1996-97.<\/h2>\n
<\/p>\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"Gold's<\/p>\n

Gold’s share in India’s foreign exchange reserves has almost doubled over the past decade \u2014 from below 7% to nearly 15%.<\/p>\n<\/figure>\n

The Reserve Bank of India\u2019s (RBI) gold reserves have crossed the $100-billion mark for the first time, even as the country\u2019s overall foreign exchange reserves hit $697.784 billion during the week ended October 10, according to the latest RBI data.<\/p>\n

The value of gold holdings jumped by $3.595 billion to $102.365 billion, reflecting a significant rise in the central bank\u2019s gold assets. It comes even as the gold prices globally are at an all-time high of over $4,300 an ounce.<\/p>\n

The share of gold in India\u2019s total reserves climbed to 14.7%, the highest since 1996-97, according to Reuters<\/em> citing traders. Gold\u2019s share in India\u2019s foreign exchange reserves has almost doubled over the past decade \u2014 from below 7% to nearly 15% \u2014 reflecting both steady central bank accumulation and a surge in global bullion prices.<\/p>\n

That has led to the $100 billion milestone being hit despite a marked slowdown in the RBI\u2019s gold purchases this year.<\/p>\n

The central bank bought gold in only four of the first nine months of 2025, compared with near-monthly additions in 2024, according to World Gold Council data. Cumulative buying from January to September stood at just 4 tonnes, sharply lower than 50 tonnes in the same period a year earlier.<\/p>\n

In the international market, spot gold prices surpassed $4,300 per ounce for the first time on Thursday, gaining 7.6% this week amid renewed US-China trade tensions and expectations of a US rate cut.<\/p>\n

India\u2019s Overall Forex Reserves<\/strong><\/p>\n

However, the overall forex reserves fell by $2.176 billion to $697.784 billion in the week ended October 10, the data revealed. In the previous reporting week, the reserves had dropped by $276 million to $699.96 billion.<\/p>\n

Among the components, foreign currency assets (FCAs), the largest share of India\u2019s forex reserves, fell by $5.605 billion to $572.103 billion. Expressed in dollar terms, FCAs include the impact of appreciation or depreciation of non-US currencies such as the euro, pound, and yen held in the reserves.<\/p>\n

The Special Drawing Rights (SDRs) were down by $130 million to $18.684 billion, while India\u2019s reserve position with the International Monetary Fund (IMF) slipped by $36 million to $4.632 billion, according to the data.<\/p>\n

In 2023, India added around $58 billion to its foreign exchange reserves, contrasting with a cumulative decline of $71 billion in 2022.<\/p>\n

In 2024, the reserves rose by a little over $20 billion. So far in 2025, the forex kitty has cumulatively increased by about $47.8 billion, according to data.<\/p>\n

Foreign exchange reserves are assets held by a nation\u2019s central bank or monetary authority, primarily in reserve currencies such as the US dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.<\/p>\n

The RBI often intervenes by managing liquidity, including selling dollars, to prevent steep depreciation of the rupee. The RBI strategically buys dollars when the Rupee is strong and sells when it weakens.<\/p>\n

\n
\n
<\/p>\n
\"Mohammad<\/figure>\n

<\/span><\/p>\n

Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n
First Published:<\/span><\/p>\n
\n

October 18, 2025, 08:37 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> economy<\/a> RBI’s Gold Reserves Cross $100 Billion For First Time, India’s Forex Kitty At $698 Billion<\/span><\/div>\n
\n
\n
Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n

Read More<\/span><\/p>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last Updated:October 18, 2025, 08:51 IST The share of gold in India’s total reserves climbed to 14.7%, the highest since 1996-97. Gold’s share in India’s foreign exchange reserves has almost doubled over the past decade \u2014 from below 7% to nearly 15%. The Reserve Bank of India\u2019s (RBI) gold reserves have crossed the $100-billion mark…<\/p>\n","protected":false},"author":1,"featured_media":18701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-18715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/18715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=18715"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/18715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/18701"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=18715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=18715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=18715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}