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A premium global finance visual showing gold reserves being moved between major international vaults, with India and other central banks reassessing their storage strategies.
A premium global finance visual showing gold reserves being moved between major international vaults, with India and other central banks reassessing their storage strategies.
Key Highlights The Reserve Bank of India (RBI) has officially dismissed media reports claiming that it sold approximately $12 billion worth of gold to protect India’s foreign exchange reserves amid the ongoing West Asia conflict. In a clarification issued on June 4, the RBI stated that the reports are incorrect...
Key Highlights The Reserve Bank of India (RBI) has clarified that reports circulating in sections of the media regarding the sale of India’s gold reserves are incorrect. The central bank stated that its physical gold holdings remain unchanged at 880.52 tonnes as of date. The clarification came after reports suggested...
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