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RBI adds 25 tonne of gold in 2nd half of FY25, annual addition highest in 7 years

Times of India LogoTimes of India7h ago

RBI adds 25 tonne of gold in 2nd half of FY25, annual addition highest in 7 years - Times of India

Quick Summary:

The Reserve Bank of India significantly increased its gold reserves by over 57 tonnes in FY25, marking the largest annual rise in seven years, amidst a 30% surge in gold prices.

By March 2025, total holdings reached 879.59 tonnes, with a notable increase in domestic storage to 511.99 tonnes.

By September 30, 2024, the quantity of gold stored locally had risen to 510.46 tonne from just over 408 tonne on March 31, 2024.

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RBI adds 25 tonne of gold in 2nd half of FY25, annual addition highest in 7 years - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 21:12:17 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 786 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28401998

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 42 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://infodata.beamstart.com/news/rbi-adds-25-tonne-of-17464517131194

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