Updated – 10th December 2025
Tracking India’s gold accumulation across governments and global events.
Over the last two and a half decades, India’s gold reserves have undergone a remarkable transformation – from just 357 tonnes in 2000 to nearly 880 tonnes by early 2025.
According to the latest RBI Weekly Statistical Supplement (as of 31 October 2025), the country’s official gold reserves remain steady at around 880 tonnes, reflecting continuity in India’s long-term reserve strategy despite global market volatility.
This steady accumulation reflects not just financial strategy but also the economic confidence of successive governments.
Here’s a visual journey of India’s gold reserves, alongside the ruling political leadership reserves from 2000 to 2025, with colored dots indicating the ruling government:
- Orange dots = BJP-led government
- Blue dots = Congress-led government
India’s Gold Holdings and Political Leadership: A 25-Year Data
| YEAR | Gold Reserves (Tonnes) | Government in Power |
| 2000 | 357.76 | BJP-led NDA |
| 2001 | 357.76 | BJP-led NDA |
| 2002 | 357.76 | BJP-led NDA |
| 2003 | 357.76 | BJP-led NDA |
| 2004 | 357.75 | Congress-led UPA |
| 2005 | 357.75 | Congress-led UPA |
| 2006 | 357.75 | Congress-led UPA |
| 2007 | 357.75 | Congress-led UPA |
| 2008 | 357.75 | Congress-led UPA |
| 2009 | 557.75 | Congress-led UPA |
| 2010 | 557.75 | Congress-led UPA |
| 2011 | 557.75 | Congress-led UPA |
| 2012 | 557.75 | Congress-led UPA |
| 2013 | 557.75 | Congress-led UPA |
| 2014 | 557.75 | BJP-led NDA |
| 2015 | 557.75 | BJP-led NDA |
| 2016 | 557.77 | BJP-led NDA |
| 2017 | 558.1 | BJP-led NDA |
| 2018 | 600.44 | BJP-led NDA |
| 2019 | 634.96 | BJP-led NDA |
| 2020 | 676.64 | BJP-led NDA |
| 2021 | 754.1 | BJP-led NDA |
| 2022 | 787.36 | BJP-led NDA |
| 2023 | 803.58 | BJP-led NDA |
| 2024 | 876.18 | BJP-led NDA |
| 2025 (Q1) | 879.6 | BJP-led NDA |
| 2025 (Q2) | 880 | BJP-led NDA |
| 2025 (31 October) | 880 | BJP-led NDA |
Note: Figures are in tonnes (1 tonne = 1,000 kilograms = 32,150 troy ounces).
Analysis & Insights
- From 2000 to 2008, India’s gold reserves remained flat at around 357 tonnes.
- In 2009, under the Congress-led UPA, India made a significant jump by acquiring 200 tonnes from the IMF – a strategic move during the global financial crisis.
- Post 2014, the BJP-led government continued increasing reserves, reaching over 879 tonnes by 2025, reflecting a strong focus on macroeconomic security, currency hedging, and reserve diversification.
India is now among the top 10 countries with the largest gold reserves. See the complete list in our post on Top Gold Reserve Holding Countries in 2025.
Sources & Methodology
Data Sources : RBI Weekly Reports, World Gold Council, Election Commission of India
Methodology :
- Year-wise gold reserve data was collected and cross-verified using RBI publications and WGC reports.
- Government leadership information was mapped based on general election results and Prime Minister timelines.
- All visualizations and tables were custom-created by the Indiagraphs Insights team using verified data points.
- Data is updated as of Q1 2025 (RBI annual dataset) and cross-verified with the latest available RBI Weekly Statistical Supplement dated 31 October 2025. This post was last reviewed and verified on 10th December 2025.
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