This precious metal is an essential part of the world’s financial system.
Gold Reserve of India: Gold is loved by everyone across the world. Gold has always been considered the most reliable asset. The economic status of any country depends on its gold reserves. Gold is accepted worldwide. Recently, gold reserves have been found in Odisha. Scientists have discovered large gold reserves in the state, making it a major center for gold mining. Let’s find out how much gold reserves exist in the world and how far India stands in this regard.
In February 2025, India had 840.76 tons of gold reserves. These reserves are held by the Reserve Bank of India (RBI). In the fourth quarter of 2024, India’s gold reserve reached 876.20 tons, which was an all-time high between 2000 and 2024. In November 2024, RBI purchased 8 tons of gold. India bought a total of 73 tons of gold in 2024. In light of geopolitical tensions, developing countries like India are increasing their gold reserves.
Gold has been used as money since ancient times. Therefore, it is seen as a safe investment to avoid inflation and during economic crises. It is a precious metal and an essential part of the world’s financial system. Odisha has always been a hub of natural resources and minerals. Now it is back in discussion for gold reserves. Reserves of gold have been found in several districts here. According to the state’s mining minister Bibhuti Jena, gold exploration is ongoing in many places. They will soon be auctioned.
Scientists have discovered large gold reserves in districts like Sundargarh, Nabarangpur, Keonjhar, and Deogarh in Odisha. Searches are also ongoing in areas like Bolangir, Malkangiri, and Sambalpur. Regions such as Meradihi, Suleipat, and Badampahar are also part of research projects.
The United States has the largest gold reserve in the world, totaling 8,133.46 tons. This indicates America’s true strength. The dollar has long been in circulation as a global currency. Nevertheless, the U.S. maintains gold as the backbone of its economy, which proves crucial in managing the economy during tough times.
India ranks eighth in gold reserves. India has 840.76 tons of gold. Gold is not just a financial asset, but it also holds significant cultural and religious value for Indians. Indian women possess the largest stockpile of gold, which is a vital part of the country’s economic security. India is also rapidly buying gold to reduce its dependence on the dollar.
