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India’s gold reserves top $100B as prices soar
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India’s gold reserves hit $100 billion as gold surges ~65 %, claiming 14.
India’s central bank gold holdings crossed **$100.365 billion**, making up ~14.7 % of forex reserves—its highest share since 1996–97. The surge is due to gold’s ~65 % rally this year. Gold holdings helped cushion overall reserves fall to $697.78 billion. The shift signals how central banks use gold as hedge amid global currency turmoil and geopolitical risks.