India Enters Top 10 in Global Gold Reserves
Rising global uncertainty drives central banks toward gold
Global Gold Reserves | Amid rising global economic uncertainty and geopolitical tensions, gold has once again emerged as a preferred safe-haven asset, with central banks across the world highly increasing their reserves.
According to recent data, India has secured a position among the top 10 countries in global gold reserves, with holdings exceeding 800 tonnes. This growth is largely driven by consistent purchases by the Reserve Bank of India (RBI), aimed at strengthening foreign exchange reserves and supporting the stability of the rupee.
Globally, United States continues to hold the largest gold reserves, with approximately 8,133 tonnes stored primarily at the famous Fort Knox. Germany ranks second with around 3,350 tonnes, followed by Italy and France, holding about 2,452 tonnes and 2,437 tonnes respectively.
Also Read | Pune Police Error in Nasrapur Case, Court Rebukes
Among emerging powers, Russia holds nearly 2,330 tonnes of gold, placing it in the top five. China, with approximately 2,313 tonnes, is rapidly increasing its reserves and has been consistently buying gold for the past 17 months, indicating its intent to climb higher in the rankings.
In India’s case, the RBI recently transferred over 104 metric tonnes of gold from London to domestic vaults in the half-year ending March 2026. The country’s total gold reserves now stand at around 880 tonnes, reflecting a steady accumulation strategy.
In contrast, neighboring countries such as Pakistan and Bangladesh hold significantly lower reserves, at approximately 64.77 tonnes and 14.28 tonnes respectively.
Meanwhile, Poland has emerged as a leading gold buyer in 2026, purchasing around 20 tonnes in February alone. Other countries like Uzbekistan and Kazakhstan have also increased their gold reserves in recent months.
The renewed global focus on gold highlights its importance not just as a commodity, but as a critical tool for economic security. As inflation concerns and geopolitical risks persist, countries are increasingly turning to gold to safeguard their financial stability.
Follow MahaENews-X on: Follow MahaENews on Instagram
