Gold News: Why is India bringing back its gold from abroad? RBI's move has created a stir in the financial markets.
- bySherya
- 02 May, 2026
RBI Gold: While the ongoing tensions in the Middle East are having an impact across the world, India is considering bringing its gold back home. Let's explain why.

RBI is bringing back its gold from abroad to India
RBI Brings Back Gold: The escalating tensions between the US and Iran are having an impact worldwide. India's economy is also facing disruptions. The tensions are worsening to such an extent that India has now stepped up efforts to strengthen its economic security. To achieve this, India's gold stored abroad is being brought back.
India is taking swift action.
According to a report in the Economic Times, not only India but the entire world is concerned about the safety of their gold stored in other countries. Consequently, other countries are scrambling to find out. While a significant portion of India's gold is held in foreign banks, particularly in countries like Britain, the government and the RBI are now preparing to secure gold within the country due to the current sanctions and war-like circumstances.
What do the latest RBI figures say?
According to the latest data from the RBI's October 2025 to March 2026 report, India currently holds a total of 880.52 metric tons of gold. Approximately 77% of this, or approximately 680 tons, is now held domestically. 197.67 tons are held by the Bank of England and the Bank for International Settlements (BIS), while 2.8 tons are held in deposits.
A way to avoid global risks:
Given the current situation, India is rapidly taking steps to protect itself from global risks. This can be gauged from the fact that 104.23 tons of gold has been brought back to the country in just six months. It's worth noting that by March 2023, only 37% of our gold was in the country. This rapid pace indicates that India is no longer taking any external risks lightly.



