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RBI’s Gold Reserves Soar with 57.5 Tonne Purchase in FY25

RBI’s Gold Reserves Soar with 57.5 Tonne Purchase in FY25:

The Reserve Bank of India (RBI) added 57.5 tonnes of gold to its reserves in FY25, the second-highest annual addition since it began accumulating gold in 2017. This comes amid a dramatic surge in gold prices, driven by global uncertainties, geopolitical risks, and weakening of the US dollar.The RBI’s gold purchase has gained attention due to Rising gold prices crossing ₹1 lakh per 10 grams in April 2025. A sharp 30% annual rise in gold rates, influenced by global market volatility, tariff wars, and US dollar weakness. RBI purchased 57.5 tonnes of gold in FY25, second only to a previous high since 2017. Total gold reserves as of March 2025: 879.6 tonnes, up from 822.1 tonnes a year earlier. Central banks globally are stockpiling gold due to currency risk and sovereign debt concerns.