Gold News: RBI decision jolts global markets; Why is India bringing back its gold from abroad?
- India’s economy is also hampered to some extent
- Urgent steps to strengthen financial security
- What does RBI’s latest statistics say?
RBI Brings Back Gold: The effects of rising tensions between the US and Iran are being felt around the world. As a result, India’s economy is also hampered to some extent. The situation has become so critical that India has now taken urgent steps to strengthen its economic security. For this purpose, India has started repatriating its gold currently stored abroad. But let’s know in detail what will happen next.
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Urgent steps by India
According to a report in The Economic Times, not only India but many nations around the world are skeptical about the safety and protection of gold they have stored in other countries. As a result, various nations are actively devising strategies to address these concerns. A large portion of India’s gold reserves (gold reserves) are usually kept safe in foreign banks, particularly in countries such as the United Kingdom; But given the current geopolitical tensions, various sanctions and possible fears of war, the Government of India and the Reserve Bank of India (RBI) are now preparing to secure these reserves domestically.
What does RBI’s latest statistics say?
According to the latest data from RBI’s report covering the period October 2025 to March 2026, India currently has total gold reserves of 880.52 MT. About 77% of these reserves—roughly 680 tonnes of gold—are now safely stored within the country. Meanwhile, 197.67 tonnes of gold is kept with ‘Bank of England’ and ‘Bank for International Settlements’ (BIS), while 2.8 tonnes of gold is in the form of deposits.
A strategy to reduce global risks
Given the current global scenario, India is rapidly taking steps to protect itself from global threats. The magnitude of these efforts is evident from the fact that 104.23 tonnes of gold has been brought back to the country in just six months. It is important to note that only 37% of our gold reserves were held domestically as of March 2023. This accelerated approach shows that India is no longer taking any external threat lightly.
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