India’s gold reserves have surged past $100 billion for the first time, reaching ~$102.4 billion, driven by skyrocketing global gold prices. The increase boosted gold’s share in India’s forex reserves to ~14.7%, the highest since 1996–97. RBI’s own gold purchases have slowed, so the valuation gains are largely driven by price appreciation. Meanwhile, total foreign reserves dipped slightly to $697.78 billion. The milestone underscores gold’s growing role in central bank reserve diversification.