India's gold reserves rises to Rs 4320000000000 in…, beggar pakistan has gold of only…, lesser than net worth of Mukesh Ambani, Gautam Adani
The Reserve Bank of India reported a 57.12% increase in the value of its gold assets (including gold deposits), reaching 4,31,624.8 crore as of March 31, 2025. This surge is attributed to the addition of 54.13 metric tonnes of gold and a rise in gold prices.
According to the Express Tribune , the Dawn highlighted that the State Bank of Pakistan's gold holdings were valued at $5.43 billion in December 2024. It is far less if compared with the Gold in India, in fact its less than the net worth of many richest Individuals even if compared independently.
According to Dawn News, gold reserves worth over Rs 80,000 crore were discovered by Pakistan in the Indus River. Even if this report is true, it's still far less than India's overall Gold stock.
'As on March 31, 2025, total gold held by the Reserve Bank was 879.58 metric tonnes as compared to 822.10 metric tonnes as on March 31, 2024 reflecting an increase of 57.48 metric tonnes of gold during the year,' said the RBI's annual report released on Thursday.
Of 879.58 metric tonnes as on March 31, 2025, 311.38 metric tonnes of gold is held as an asset of the Issue Department as compared to 308.03 metric tonnes as on March 31, 2024, it said.
The remaining 568.20 metric tonnes as on March 31, 2025 is treated as asset of the Banking Department as compared to 514.07 metric tonnes on March 31, 2024.
'The value of gold (including gold deposit) held as asset of Banking Department increased by 57.12 per cent from Rs 2,74,714.27 crore as on March 31, 2024 to Rs 4,31,624.80 crore as on March 31, 2025,' the report said.
The increase is on account of addition of 54.13 metric tonnes of gold and also due to increase in price of gold and depreciation of INR vis-à-vis USD, said the annual report for 2024-25.
According to the Bloomberg index Mukesh Ambani's net worth is around $102 billion. Similarly another richest man Gautam Adani's net worth is also $81.5 billion more than Pakistan's gold stock.
(With Inputs From PTI)
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