The Reserve Bank of India's (RBI) gold reserves reached an all-time high of 880.18 metric tons by September 2025. In September alone, the RBI purchased 200 kilograms of gold. Amid global economic uncertainties and geopolitical tensions, the demand for gold is continuously rising, as it is considered a safe investment.
Gold Reserves: With the festive season, the sparkle of gold has also increased in India's foreign exchange reserves. According to the latest RBI data, the central bank's total gold reserves stood at 880.18 metric tons by the end of September 2025, which is the highest level to date. In September alone, 200 kilograms of gold were added, while a total of 600 kilograms of gold were purchased in the first half of the current fiscal year. Amid growing global economic and geopolitical uncertainties, the RBI is strengthening gold as a safe and strategic asset.
Gold Purchases in September
By the end of September 2025, the RBI had incorporated a total of 880.18 metric tons of gold into its reserves. In this month alone, the central bank purchased 200 kilograms, or 0.2 metric tons, of gold. This move comes at a time when investors worldwide are seeking safe investments, and gold is becoming their primary choice.
According to experts, this increase in gold demand is due to the strengthening US dollar, uncertainty surrounding interest rates in the US and Europe, and ongoing tensions in the Middle East. Investors consider gold a safe haven amid economic instability.
Total Purchases in the First Half
In the first half of the fiscal year 2025-26, from April to September, the RBI purchased a total of 0.6 metric tons, or 600 kilograms, of gold. This includes 400 kg purchased in June and 200 kg in September. Thus, the RBI has gradually strengthened its reserves, making gold a crucial part of its foreign exchange holdings.
In the fiscal year 2024-25, the RBI had purchased a total of 54.13 metric tons of gold. This was the fastest increase in gold holdings over the last decade. While the pace of purchases this year is slower, it still indicates that the RBI is prioritizing gold in its reserves and considers it an important means of financial security.
Value and Economic Significance of Gold
By September 26, 2025, the total value of RBI's gold had reached approximately 95 billion US dollars, or about 7.9 lakh crore rupees. This figure indicates that gold is not merely a physical asset but also a significant foundation for the country's financial stability.
Experts state that gold purchases are part of the RBI's strategic thinking. It diversifies the foreign exchange reserves and acts as a protective shield for India during global financial instability.
Role of Investors and Banks
In addition to the RBI, Indian banks have also participated in gold purchases. Globally, central bank purchases have paved the way for an increase in gold prices.
Currently, gold has become a safe and lucrative option for investors. Increasing gold reserves in line with the country's monetary policies not only ensures financial stability but also boosts investor confidence.