Why RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023
The Reserve Bank of India added 24 tonnes of gold to its reserves between January and April this year to diversify reserves during volatility amid geopolitical tensions. Central banks, including emerging markets, are increasing gold reserves due to its store of value and rising prices in response to global uncertainty.
The Reserve Bank of India added 24 tonnes of gold to its reserves between January and April this year to diversify reserves during volatility amid geopolitical tensions. Central banks, including emerging markets, are increasing gold reserves due to its store of value and rising prices in response to global uncertainty. What's Your Reaction?
