India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India’s borders. According to a report by the New Indian Express, the RBI recently moved another 102 tons of gold home. According to the latest data, the Indian central bank holds 854.73 tons of gold, with 510 tons now held within the country’s borders. That’s about 60 percent of its total reserves.
https://activistpost.com/2024/11/india-brings-more-gold-home-for-safe-keeping.html
India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India’s borders. According to a report by the New Indian Express, the RBI recently moved another 102 tons of gold home. According to the latest data, the Indian central bank holds 854.73 tons of gold, with 510 tons now held within the country’s borders. That’s about 60 percent of its total reserves. https://activistpost.com/2024/11/india-brings-more-gold-home-for-safe-keeping.html
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India Brings More Gold Home for Safe Keeping - Activist Post
India is one of several central banks that have repatriated some of their gold holdings for safekeeping in recent years.
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