Gold reserve

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Gold prices have posted slight losses on Friday, following sharp gains in the Thursday session. The base metal is trading at a spot price of $1262.70 an ounce in the European session. Gold initially dropped after the ECB announced new easing measures on Thursday, but recovered and posted gains after ECB head Mario Draghi stated […]

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Reserve Bank of India emerged as the largest buyer of Gold among central banks between April 2020 and September 2022. RBI purchased 132.34 metric tonnes (MT) of gold, while it was the top gold buyer among its peers in 2020.The RBI's gold reserve stood at 760.42 MT at the end of March 2022 and increased to 785.35 MT at the end of September 2022, bringing the gold reserve's share of India's total forex reserve up to 7.86% from 7.01%. The gold reserves stood at 695.31 MT in March 2021, representing Gold Cost, Lingot D'or, Morocco Flag, Today Gold Rate, Gold Reserve, 22 September, Bullion Coins, Scenery Pictures, Gold Rate

Reserve Bank of India emerged as the largest buyer of Gold among central banks between April 2020 and September 2022. RBI purchased 132.34 metric tonnes (MT) of gold, while it was the top gold buyer among its peers in 2020.The RBI's gold reserve stood at 760.42 MT at the end of March 2022 and increased to 785.35 MT at the end of September 2022, bringing the gold reserve's share of India's total forex reserve up to 7.86% from 7.01%. The gold reserves stood at 695.31 MT in March 2021…

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