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RBI Gold Repatriation Dips in H2 FY25 as Reserve Share Rises

6 May 20251 min read
ECONOMYRBI GoldRepatriation Dips inH2 FY25 as ReserveShare Rises6 May 2025safalsetu.com

Why in the news

RBI sharply slowed gold shipments back to India in the second half of FY25, while gold grew as a share of reserves.

Key facts

  • Gold’s share of forex reserves: 11.70%, from 9.32%.
  • Repatriation picked up after February 2022 for better physical custody and security.
  • Gold hedges inflation, currency and geopolitical risks.
March-end 2025Amount
Total gold879.6 tonnes
In India512 tonnes
Bank of England and BIS348.6 tonnes
Gold deposits18.9 tonnes
Foreign currency assets$567.56 billion
of which securities$485.53 billion
with central banks and BIS$45.68 billion
with overseas commercial banks$36.34 billion

Exam angle

  • Foreign-held gold: Bank of England and BIS.

Test yourself

1. How much gold did RBI repatriate between September 2024 and March 2025?

Only 1.53 tonnes came back, versus 102.1 tonnes in the first half.

2. What was the share of gold in India's forex reserves after the second half of FY25?

The share rose to 11.70% from 9.32%.

3. At March-end 2025, how much of RBI's 879.6 tonnes of gold was held domestically?

512 tonnes were held in India; 348.6 tonnes with BoE and BIS.