Core Insights - The Reserve Bank of India (RBI) has significantly increased its domestic gold reserves, bringing back approximately 64 tons of gold during the first half of the fiscal year (April to September) [1][3] Group 1: Gold Reserves - As of the end of September, RBI's total gold holdings amounted to 880.18 tons, with 575.82 tons stored domestically [3] - The domestic gold reserves now exceed 65% of the total, nearly doubling compared to four years ago [3] - Since March 2023, India has repatriated 274 tons of gold, indicating a trend of transferring gold back to the country [3] Group 2: Influencing Factors - The geopolitical situation, particularly the freezing of Russian foreign exchange reserves by the West following the Russia-Ukraine conflict, has been a significant factor in India's decision to bring gold reserves back home [3] - The uncertainty caused by tariffs imposed during the Trump administration has led to a weakening of the dollar against major currencies, prompting investors to view gold as a safer asset compared to the dollar [3]
印度央行加速回收黄金：半年运回64吨，两年多来已运回274吨
Sou Hu Cai Jing·2025-11-01 08:11