
RBI bets on gold! Reserve Bank of India buys half a tonne of gold in June; yellow metal fastest growing component of India’s forex reserves – Times of India
Despite gold generating one of the highest returns in India, the central bank rarely disposes of its gold assets. (AI image) RBI gold reserves: After a relatively conservative spell of gold buying, the Reserve Bank of India (RBI) stacked up almost half a tonne of gold in the last week of June. In India’s foreign…