RBI Adds 57.5 Tonnes of Gold to Reserves in FY25 Amid Global Uncertainties
| Category | Details |
|---|---|
| Event | RBI adds 57.5 tonnes of gold to reserves in FY25 |
| Key Figure | Total gold reserves as of March 2025: 879.6 tonnes |
| Global Gold Price | Gold crossed ₹1 lakh per 10 grams in April 2025; $3,230 per ounce in 2024 |
| Annual Gold Price Rise | 30% increase in gold rates due to global market volatility |
| RBI's Gold Purchase | Second-highest annual addition since 2017; FY24 addition: 27.47 tonnes |
| Global Trend | Central banks globally stockpiling gold due to currency and debt risks |
| Objectives | Diversify reserves, hedge against volatility, preserve purchasing power |
| Background | RBI resumed gold accumulation in December 2017; US dollar instability post-2024 |
| Static Facts | Gold rose 21% during 2008 crisis; low correlation with equities/bonds |
| Significance | Strategic shift in reserve management; aligns with global central bank trends |