India’s forex reserves rise by $1.03 billion to $687.26 billion

RBI’s gold reserves climb to $106.984 billion

Reserve Bank of India’s latest data shows the country’s gold reserves are now valued at $106.984 billion. That is an increase of $1.033 billion from the previous week.

Quick facts

  • Current value: $106.984 billion
  • Weekly change: +$1.033 billion
  • Approximate rise: ~0.98% week-on-week

What this means

A weekly rise in gold reserves can be driven by several factors. Market valuation changes for gold often move reserve values, and central bank buying or revaluation also plays a role. Either way, a higher gold valuation strengthens the overall reserve position and can support confidence in external buffers.

Why investors watch this

Gold holdings are a common indicator of a central bank’s risk management strategy. Movements in the gold component of reserves are watched by analysts and investors because they reflect how a country balances liquidity, inflation protection, and currency stability.

While a single-week increase is modest, consistent gains or strategic purchases over time can signal a shift in reserve composition or a response to global market trends.

Leave a Comment