India gold reserves

India gold reserves: 803.58 (0%)
Last Update: January 31, 2024

India gold reserves closed down 803.58 as of January 31, 2024 from 803.58 from the previous month and 695.31 from last year.

India gold reserves Analytics & Data

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India gold reserves

2024-01-31 803.58
2023-12-31 803.58
2023-09-30 800.78
2023-06-30 797.43
2023-03-31 794.63
2022-12-31 787.36
2022-09-30 785.35
2022-06-30 767.89
2022-03-31 760.42
2021-12-31 754.1
2021-09-30 743.83
2021-06-30 703.71
2021-03-31 695.31
2020-12-31 676.61
2020-09-30 668.25
2020-06-30 657.7
2020-03-31 641.8
2019-12-31 618.16
2019-09-30 618.16
2019-06-30 618.16
2019-03-31 612.57
2018-12-31 600.44
2018-09-30 586.44
2018-06-30 566.22

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India gold reserves Statistics

gold reservesin.goldres803.58803.58016UPUP552024-01-31

India gold reserves Factors

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India gold reserves Historical Data

The MacroVar database offers free access to historical data for the India gold reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India gold reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India gold reserves

India holds one of the largest gold reserves in the world, currently estimated to be around 618 tonnes. The country has a long-standing cultural affinity for gold, with its citizens traditionally viewing the precious metal as a symbol of wealth and prosperity. In addition to its cultural significance, gold also serves as a strategic asset for India, providing stability to the country's economy and acting as a hedge against inflation and currency fluctuations. The Indian government actively manages its gold reserves, periodically adding to its holdings to diversify its foreign exchange reserves and strengthen its financial position. Overall, India's substantial gold reserves play a crucial role in the country's economic stability and financial security.