Tag: Gold purchases

RBI’s Gold Purchases Not Aimed at Replacing the Dollar for International Settlements: Sitharaman in Lok Sabha

Sitharaman acknowledged that gold remains a popular investment in India, particularly among households, small businesses, and women.

February 10, 2025

India and China added 60 percent of global central bank gold purchase in March

In India RBI's gold holdings rose to a record high of 822.1 tons by the start of April representing an 18.5 tons net acquisition since the beginning of the year.

May 4, 2024

India’s gold demand rises 8 pc in Jan-March despite soaring prices

Gold purchases have increased despite rising prices, reflecting higher incomes in a growing economy, according to market analysts.

April 30, 2024