loader image
Connect with us

National News

RBI accelerates  repatriation of its gold reserves, 64 ton brought home last 6 months

Published

on

1,962 Views

The Reserve Bank of India (RBI) has significantly accelerated the repatriation of its gold reserves, bringing home 274 tonnes of gold since March 2023, including approximately 64 tonnes in the six months leading up to September 2025. This strategic move is primarily driven by mounting geopolitical uncertainty and rising global skepticism over keeping sovereign assets offshore, especially after the G7 nations froze the foreign currency reserves of Russia and Afghanistan.

By the end of September 2025, the RBI’s total gold holdings stood at 880.8 tonnes, with a majority—575.8 tonnes—now held domestically, reflecting a deliberate effort to enhance economic sovereignty and safeguard national wealth from potential financial sanctions or warfare. This repatriation effort, alongside surging gold prices, has also increased gold’s share in India’s total foreign exchange reserves to 13.9%, underscoring the central bank’s focus on diversification and risk mitigation in a fragmented global landscape.

The rise in gold prices has also elevated the precious metal’s proportion in total reserves to 13.9%.By September 2025, the foreign currency assets of around $579.18 billion were allocated as follows: $489.54 billion in securities investments, $46.11 billion in deposits with other central banks and BIS, whilst $43.53 billion remained in deposits with overseas commercial banks.

As at March 31, RBI’s gold holdings stood at 879 tonnes, with 512 tonnes stored within the country and 348.6 tonnes held under custodial arrangements with the Bank of England and Bank of International Settlements.The central bank has indicated that it engages external asset managers to handle a modest portion of reserves to investigate alternative reserve management strategies and products, whilst diversifying the portfolio. These activities are conducted within the framework permitted by the RBI Act, 1934.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design

A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.

Published

on

1,924 Views

In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.

Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.

Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.

This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.

Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.

Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.

With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.

As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x