RBI’s 880 Tonne Gold Stockpile is now greater than the economies of Cyprus, Iceland, Senegal

The largest golden gathering in the world in more than a decade has made India an unparalleled surprise. The current prices of $ 1,16,822 per 10 grams, the total gold stock in India – by both the Indian Reserve Bank (RBI) and families – more than $ 30 per cde, or $ 3.29 trillion.

This is more than GDP in most countries and about 10 times the total Indian reserves in India.

It is not just a feeling that leads the increase. Amazing numbers.

RBI

The Indian Reserve Bank holds 879.58 metric tons of gold – the highest level ever. As of September 30, the value of this reserve is 10.28 rupees ($ 115.7 billion). Just one year ago, the same gold was valued at 2.74 rupees. This is an increase of 275 % in value, not more purchase, but from price estimation.

This is the largest virtual gain that RBI booked for decades, and comes with the risk of zero currencies. Gold’s share in Forex reserves in India from 8 to 9 % last year increased to more than 12.5 % – without RBI adding one ton in the past three months. The central bank stopped the purchases of gold in June 2025, most likely waiting for more favorable prices after an aggressive purchase until 2024.

But the homes carry the real power

But the real story is behind the central banks. Indian families have an estimated 25,000 tons of gold – more than 95 % of the country’s total reserves. At the current prices, the value of this special hood is 29.21 rupees, or 3.29 trillion dollars. It’s not only the largest private gold in the world – it’s larger than the official reserves of the 10 best central banks.

This huge accumulation is driven by the cultural rapprochement of India with gold as a resource store, dowry traditions, and hedging in inflation. But today, it also doubles as a strategic financial store – unlimited, and very powerful.

Total gold in India – the combination of secrets and the family – ranges at about 25,800 tons. China dwarves (18,000 tons), the United States (12700), and even Germany (12440). While most countries depend on government reserves, the strength of India lies in the cellar of its citizens, tanks and jewelry boxes.

Gold has become more than decoration. It is now a geopolitical hedge, a currency shield, and a bet against global chaos. In India, it is proven that all this – and more.