Divya Delhi:  The RBI recorded a substantial increase in its gold holdings for the week ended April 11, indicating a global gold price jump. Friday's RBI statistics showed that the central bank's gold holdings had tripled in a year, indicating a huge increase in gold purchases. The RBI's gold holdings rose Rs 11,986 crore in the week ending April 11, according to the latest figures. On that date, the RBI's gold reserves totaled Rs 6,88,496 crore. This increase occurs as global central banks increase gold purchases amid economic and geopolitical uncertainty. The safe-haven status of gold in uncertain times prompts central banks to increase their reserves. Indian foreign exchange reserves and gold reserves have steadily increased, demonstrating the RBI's ability to manage external shocks. It also follows a global trend of central banks increasing gold assets to hedge global risks. Gold has no future in the global trade uncertainty caused by the Trump administration's reciprocal tariffs and China's counter tariffs.