India Gold Reserves  Forecast


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Gold Reserves in India is expected to be 551.33 Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Reserves in India to stand at 542.08 in 12 months time. In the long-term, the India Gold Reserves is projected to trend around 519.03 Tonnes in 2020, according to our econometric models.


India Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -14019 -13800 -14500 -16200 -14300 -11100
Exports 23098 25000 24700 24600 25000 28900
Imports 37117 38800 39200 40800 39300 40000
Current Account -14300 -4200 -3400 -5000 -7928 -2460
Current Account to GDP -0.7 -1.25 -1.3 -1.3 -1.3 -1.2
External Debt 485800 491881 495712 497300 498873 493055
Terms of Trade 71.8 81.14 82.38 83.63 84.88 66
Capital Flows 8.42 8.22 9.15 7.15 9.73 10.01
Foreign Direct Investment 1108 4996 4194 3721 3319 1681
Remittances 10098 9673 9622 9558 9466 9117
Tourist Arrivals 876000 607600 567100 539000 517000 762000
Gold Reserves 558 551 548 545 542 519
Crude Oil Production 744 734 732 729 727 710
Terrorism Index 7.53 7.45 7.45 7.45 7.45 7.7
Weapons Sales 42 36.21 34.68 33.14 31.61 19.74