<ul><li>The Reserve Bank of India (RBI) has emerged as the second-highest central bank in the world in terms of purchasing gold.</li><li>In 2024, India bought 72.6 tonnes of gold, increasing its total gold reserves by 9% and surpassing its previous purchase of 16 tonnes in 2023.</li><li>RBI purchased gold in 11 out of the 12 months in 2024, and it has already bought 2.8 tonnes of gold in the first two months of 2025.</li><li>The share of gold holdings in India's total reserves rose from 6.7% in 2019 to 11.4% in 2024.</li></ul>

Gold’s share in India’s reserves hits 11.4% as RBI goes on buying spree

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