Reserve Bank of India
India's central bank and the manager of the country's foreign-exchange and gold reserves, published every Friday in its Weekly Statistical Supplement; it has grown its official gold holdings from 557.8 tonnes in 2015 to 880.52 tonnes by 2026.
Covered in 4 MetalsCost.com News Intelligence articles, most recently on September 19, 2026.
Coverage
Indian Households Hold More Gold Than the World's Top Central Banks Combined, Worth $3.8 Trillion
Indian households hold an estimated 34,600 tonnes of gold worth $3.8 trillion, according to Morgan Stanley — far more than the Reserve Bank of India's own 880-tonne reserve or the world's leading central banks combined.
India's Central Bank Built Up Both Gold and US Treasuries Over the Past Decade, Unlike China
Over the past decade India's central bank raised both its gold reserves (up 58% to 880.51 tonnes) and its US Treasury holdings (up 59% to $186.4 billion), a different path from China, which cut Treasuries by nearly half while buying gold.
Central Banks Have Relocated Gold Reserves in Three Waves Since 2000, World Gold Council Says
The World Gold Council traces central bank gold relocations back to Germany's 2000 transfer through three historical waves, arguing the Netherlands' 2026 move to London and India's rising domestic share reflect a search for liquidity and access, not a prelude to selling.
India's Forex Reserves Fall $4.92 Billion as the RBI's Gold Holdings Take the Bigger Hit
India's forex reserves fell $4.92 billion to $780.78 billion in the week ended September 11, as the RBI's gold holdings lost $2.59 billion in value, more than the drop in foreign currency assets.
