After touching an all-time high of 19% in January 2026, the share of gold in India’s total foreign exchange reserves dipped marginally to 18.1% in February, as foreign currency assets grew at a faster clip.
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Comparing Gold and Foreign Currency
While foreign currency assets grew 1.9% month-on-month to $573.1 billion in February compared with $562.4 billion in January, gold reserves fell 4.4% to $131.6 billion in February from $137.7 billion in January as global prices of the yellow metal moderated.
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22-Month Growth Streak
The share of gold in total foreign exchange reserves grew every month between March 2024 and January 2026. India’s forex reserves touched $728.5 billion in February.
TOPICSgoldThis article was first uploaded on March twelve, twenty twenty-six, at zero minutes past six in the evening.