Mumbai, May 29 (PTI) The value of gold (including gold deposit) held as asset of Reserve Bank increased by 57.12 per cent to Rs 4,31,624.8 crore as on March 31, 2025, mainly on account of addition of 54.13 metric tonnes of precious metal and increase in its prices.

The value of gold held as asset of Banking Department was Rs 2,74,714.27 crore as on March 31, 2024.

"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. PTI NKD HVA

Gold reserves increase as central bank adds metal and higher prices plus currency depreciation boost valuation. The Reserve Bank's report records a 57.12% increase in the value of gold held as an asset of the Banking Department to Rs 4,31,624.80 crore as on March 31, 2025, driven by addition of 54.13 metric tonnes, higher gold prices and depreciation of the rupee; total RBI holdings rose to 879.58 metric tonnes with specified allocations between the Issue and Banking Departments.