Mumbai, October 29 (Read) — The Reserve Bank of India (RBI) has brought back 64 tonnes of gold stored abroad between March and September 2025as part of its ongoing efforts to strengthen the security of the country’s reserves amid rising global geopolitical tensions.
The move comes at a time when several nations are increasingly using financial sanctions and asset freezes as instruments of geopolitical pressure. According to the latest data as of end-September 2025the RBI holds a total of 880.8 tonnes of goldof which 575.8 tonnes are now stored safely within India.
Additionally, around 290.3 tonnes of gold remain with the Bank of England and the Bank for International Settlements (BIS)while another 14 tons are part of gold deposit arrangements.
Since March 2023the RBI has reportedly repatriated 274 tonnes of gold from overseas to India — a clear reflection of its strategy to diversify storage and safeguard foreign reserves in response to geopolitical uncertainties.
An RBI official familiar with the matter indicated that this decision was aimed at reducing exposure to potential global financial restrictionsensuring greater control over the nation’s gold reservesand enhancing resilience of India’s financial system.
Meanwhile, in domestic markets, gold prices edged higher on Wednesday. On the Multi Commodity Exchange (MCX)gold opened flat at ₹1,19,647 per 10 gramsslightly above the previous close of ₹1,19,646. During early trade, it gained modestly to ₹1,20,047 per 10 grams.
Silver prices also witnessed an uptick, opening at ₹1,44,761 per kilogram and rising to ₹1,45,331 per kilogram in early trading.
In the global marketspot gold gained 0.2% to $3,957.42 per ounce on Tuesday after briefly touching its lowest level since October 7. Analysts noted that the uptrend remained limited due to easing US-China trade concernswhile investors await the US Federal Reserve’s decision on interest rate cuts.
So far this year, gold prices have surged by nearly 52%reaching an all-time high of $4,381.21 per ounce on October 20. Experts attribute this rally to global economic uncertainty, expectations of rate cutsand continued gold accumulation by central banksincluding the RBI.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Readhis insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
