RBI adds 24 tonnes of gold in four months as hedge against volatility

RBI adds 24 tonnes of gold in four months as hedge against volatility

The Reserve Bank of India added 24 tonnes of gold to its stock of reserves in four months from January to April this year as a hedge against volatility amid geopolitical tensions. This is reckoned to be a part of strategic diversification of reserves in challenging times. This is almost one and a half times … Read more