The​‍​‌‍​‍‌ Reserve Bank of India is buying gold as a way to diversify its reserves, lessen its reliance on the US dollar, and become more financially stable in the face of global uncertainties. The bank’s gold reserves increased to 880 tonnes by September 2025, accounting for almost 14% of the total foreign reserves, which are worth approximately USD 108 ​‍​‌‍​‍‌billion.