Safe haven-buying and increased demand for gold as a financial asset by the central bank and investors led the Reserve Bank of India (RBI) to add an additional 0.2 metric tonnes (200 kg) of gold in the last week of September, taking its total gold reserves to more than 880 metric tonnes.
The total value of the gold was USD 95 billion as of September 26, 2025, according to the latest data from the apex bank.
Amid escalating global uncertainties, the demand for gold, which is considered a safe haven, has been on the rise in recent months.
In the six months ended September, the RBI bought 0.6 metric tonnes (600 kilograms) of gold. In June, a total of 0.4 metric tonnes (400 kg) of the yellow metal were bought, as per the latest RBI Bulletin.
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The total gold reserves with the RBI thereby increased to 880.18 metric tonnes at September-end, from 879.58 metric tonnes at the end of 2024-25.
During 2024-25, the RBI had added 54.13 metric tonnes of gold.
Rise in international gold prices, driven by heightened global economic and geopolitical uncertainty that encouraged safe-haven buying and sustained demand for gold as a financial asset by central banks and investors, drove domestic price increases, the bulletin said.
Globally, the bulletin also said central banks added 166 tonnes of gold to official reserves, further boosting its demand.
Gold prices remained elevated in the third quarter, surging to all-time high in September.
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