Gold price will continue to rise as central banks continue to diversify into non-dollar reserves: SBI Research
Research or analytical publication — an evidence-based assessment informing policy design and evaluation. Shapes the intellectual framework within which policy debates occur.
Summary
Since end-August 2025, international gold prices have increased by 47.6% to $5092/Ounce on 06 March 2025, from $3448/Ounce on 29 August 2025
Key Facts
Type Research
Source BusinessLine - Economy
Published Saturday, 7 March 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
R&D spending: 0.7% of GDP
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right