gold holdings

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.

The Reserve Bank of India (RBI) has been aggressively buying gold for the last few years. Analysis of World Gold Council data shows that the percentage of gold in India’s total foreign exchange reserves has spiked in the last few years.

The Reserve Bank of India significantly increased its gold reserves by 57.5 tonnes in FY25 amidst global financial instability and rising gold prices. This acquisition, the second largest since 2017, aligns with a global trend of central banks bolstering gold holdings.

Sovereign Gold Bond 2017-18 Series VI investors can redeem their bonds prematurely on May 6, 2025, at Rs 9,453 per gram, a significant increase from the original price of Rs 2,945. Launched in 2015, the SGB scheme offers a financial alternative to physical gold, providing a fixed interest rate and tax-free capital gains on redemption for individuals.

Gold rate today: Gold futures saw a slight increase today, while silver also edged higher, following previous day's declines in both domestic and international markets. Prices had corrected sharply due to optimism surrounding potential US trade agreements and a stronger dollar.

India's foreign exchange reserves increased for the eighth consecutive week, reaching $688.129 billion. The rise was primarily driven by an increase in foreign currency assets, although gold reserves saw a slight decline. Year-on-year, the reserves have grown significantly, reflecting the strength and adequacy of India's external buffer.

Gold rate today: Gold futures at MCX experienced a correction after reaching record highs, influenced by a stronger dollar and shifting US economic policies. Retail activity remains strong in anticipation of Akshaya Tritiya, with consumers favoring lighter jewelry due to elevated prices.

Gold rate prediction: Gold prices have experienced a slight dip despite disappointing US economic data, influenced by hopes of easing US-China trade tensions and President Trump's tariff decisions. Buying gold on Akshaya Tritiya is considered auspicious according to Indian traditions. But what’s the outlook for gold and what factors will drive gold prices in the coming days?

Choosing the right gold carat depends on purpose and preference. 22k gold, with its rich color, suits traditional occasions and investment, while 18k gold offers durability for everyday wear and gemstone settings. 21k gold balances purity and practicality, though availability may vary. Always prioritize trusted jewelers and hallmarking for genuine quality.

On Akshaya Tritiya 2025, gold and silver futures at MCX experienced fluctuations, with gold initially declining. Despite short term volatility, gold investments have performed exceptionally well in the initial months of 2025.

With gold prices soaring to a record ₹1 lakh per 10 grams, Sovereign Gold Bond (SGB) investors are contemplating selling. Those who invested in 2017 are seeing returns of 221%. Financial experts advise maintaining 10-15% of portfolios in gold for stability.

This Akshaya Tritiya, ensure you have a safe and authentic gold purchase and pay the rightful amount to avoid fraud.

Ishita Ganguly, known for her role as Chamkili, reveals her spiritual side and family traditions surrounding Akshaya Tritiya. She emphasizes the importance of Ganesh Puja and buying gold, believing these customs bring good fortune and connect her to her roots. Ishita wishes everyone a prosperous Akshaya Tritiya filled with peace and success.

Sachin Yadav, Rohit Yadav, and Sahil Silwal will join Neeraj Chopra and other elite international athletes at the NC Classic in Bengaluru on May 24. The A-category World Athletics event features a strong international lineup, including world champions Anderson Peters, Thomas Rohler and Julius Yego. Arshad Nadeem declined the invitation due to schedule conflicts.

Scientists propose that magnetars, highly magnetic neutron stars, could be the source of early heavy elements like gold. Analyzing old space data, researchers found gamma-ray signals from magnetar flares, suggesting these flares created and dispersed heavy elements early in the universe. This theory offers a new perspective on the origin of elements essential to modern technology.

India's central bank witnessed a significant surge in its gold reserves' value, driven by a global rally in gold prices amidst geopolitical and economic uncertainties. The RBI's gold holdings nearly tripled in value over the past year, reflecting a broader trend of central banks worldwide accumulating gold to hedge against global risks.