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How and why RBI is flying more of India's gold back home

Summary by Firstpost News
The Reserve Bank's gold reserve stands at 880 metric tonnes as of September 2025, up from 854.73 metric tonnes in September 2024. Of this, 575.8 metric tonnes are currently in India, while another 290.37 metric tonnes of gold are kept with the Bank of England (BoE) and the Bank for International Settlements (BIS) in Switzerland. But why is the central bank repatriating its gold?

7 Articles

The Reserve Bank of India (RBI) has taken the biggest step yet towards reducing its dependence on the US dollar. The RBI has recalled a large portion of its gold held abroad to India. Now, about 65% of RBI's total gold reserves are kept safe in India, which is almost double the level of 4 years ago. After freezing Russia's foreign reserves, this decision of the RBI is not only strategic but also a big announcement of India's financial self-relia…

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Bloomberg broke the news in United States on Wednesday, October 29, 2025.
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