As per the International Financial Statistics, 2014 of the International Monetary Fund (IMF), India holds 10th position among the major holders of official gold reserves in the world. The Reserve Bank of India holds 557.75 tons of gold. The import of gold in India during the last three years has been the following:

YEAR	IMPORT
	QTY(TON)	VAL (RS CRORE)
2011-12	1078.35	269900.71
2012-13	1013.72	292152.83
2013-14	661.71	166242.62
2014-15 (Apr-Oct)*	474.46	113969.57

This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Lok Sabha.

Official gold reserves: India's ranking and central bank holdings disclosed alongside recent import trend data. Disclosure in a parliamentary reply identifies the Reserve Bank of India as custodian of India's official gold reserves, states the RBI's holdings, and provides a year by year series of gold import quantities and rupee valuations to document recent import trends for public record and parliamentary oversight.