Gold in India forex reserves rises to 16.7 percent, Peter Spina notes

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Andrey Mastykin

01.05.2026

Gold in India forex reserves rises to 16.7 percent, Peter Spina notes — India raises gold share in reserves

Peter Spina, CEO at GoldSeek.com, reports that the share of gold in India's foreign exchange reserves increased to 16.7% at the end of March.

This marks a rise from 13.92% at the end of September 2025, based on data from the Reserve Bank of India's half-yearly reserves management.

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Spina previously reported that India's gold investment demand rose 52% to 82 metric tons in the March 2026 quarter, surpassing jewellery consumption for the first time, according to GoldSeek.com. In other market developments, he covered AbraSilver’s receipt of key DIA approval for its Diablillos project, with record price highs noted at the time in a separate report. Both updates reflect ongoing activity in commodity and resource sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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