RBI to augment its gold reserves

Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel RBI to augment its gold reserves.

RBI to augment its gold reserves
As per WGC, India's central bank holds the 11th largest gold reserves in the world as of May, in comparison, the US reserves are pegged at 8,133.50 tonnes. Photo: PTI

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