Industry Odisha Bureau, Jun 17: Following a recent survey reportedly conducted by the World Gold Council’s (WGC) 2026 Central Bank Gold Reserves (CBGR), gold (also known as yellow metal) will reign supreme in future for which the central banks, including the Reserve Bank of India (RBI), will opt for piling up more gold in their vaults globally.
It has, thus, reportedly been deduced that, “the price of the priceless yellow metal will continue to remain high in future, and also continue to have its impacts on the retail customers.”
Reportedly, the WGC survey was “conducted between February 5 and May 19 this year amid the West Asia conflict.”
In India’s context, it has been reported that “price of gold has increased 40% in the last one year time owing to the determining price of gold and Indian currency (rupee)’s depreciation against the US dollar ($).”
The WGC survey has reportedly revealed that, “Central banks have accumulated an average of 1,000 tonnes of gold over the past four years, which is significantly higher from the 500 tonnes average over the preceding decade.”
So far the matter of RBI’s gold reserves is concerned, it has been reported that, “RBI has been aggressively expanding its gold reserves between FY24 and FY25 as the total gold reserves grew from 822.1 tonnes in FY24 to 879.58 tonnes by the end of FY25 and rose marginally to 880.52 tonnes in FY26.”
It has also reportedly been claimed that, “RBI had repatriated over 100 tonnes of physical gold from overseas vaults to domestic storage during FY25.”
