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Why is RBI bringing gold reserves back to the countrythe RBI has quietly brought back 214 tonnes of gold. In FY23, the monetary authority had brought in only 5.3 tonne back to the country, taking the domestic storage to 301.1 tonnes. In FY24 ...
Domestically, gold is stored in vaults located in ... the move will also assist RBI in saving on some of the storage costs that are paid to the Bank of England.
In the absence of new SGB issuances, investors are left with alternatives such as gold exchange-traded funds (ETFs), gold ...
As per its annual report, the RBI bought nearly 8.5 metric tonnes of gold between December 2017 and June 2018. This was the first time that the central bank had bought gold since its purchased 200 ...
Nirmala Sitharaman clarifies that India's rising gold reserves aim for portfolio diversification, not to replace the US ...
Investors' focus is now on the inflation-growth forecast of the RBI. Moreover, the US employment report, which is expected later today, will also influence sentiment. Gold prices have ...
As per a recent news report, RBI bought 8.7 tonne of gold in January alone which is the highest in two years. The central bank 's gold holdings had touched 812.3 tonne at the end of January from ...
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