RBI raises its gold purchase to 65 tonnes in FY22 - Economic Times

In the nine-month period between June 2020 and March 2021, RBI had bought 33.9 tonnes of gold. The value of RBI's gold holdings rose as much as 30% to Rs 3.22 lakh crore. Of this, gold valued at Rs 1.25 lakh crore is held as an asset of RBI's issue department…

The Reserve Bank of India nearly doubled its gold purchase to 65 tonnes in FY22 raising its total holding to 760.42 tonnes, as part of its asset diversification policy with gold showing better perfor… [+1567 chars]

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