The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021. When it comes to gold buying, the Reserve Bank of India (RBI) emerged as the second-largest buyer of yellow metal among the world’s Central Banks in 2021. As per Goldhub, India’s official gold reserves is the ninth-largest in the world. Goldhub is the official website of the World Gold Council that maintains all the data regarding precious metals.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
At the end of December 2021, RBI gold reserves stood at 754.1 tonnes, which amounts to 6.22 per cent of India’s forex reserves. As per RBI data, India’s total reserves at the end of December 31, 2021, stood at $633.61 billion, including gold reserves worth $39.405 billion.
Important takeaways for all competitive exams:
Armenia has become the 104th full member of the International Solar Alliance (ISA), marking a…
Justice Harjit Singh Bedi, former Supreme Court judge and ex-Chief Justice of the Bombay High…
General Upendra Dwivedi, the Chief of Army Staff (COAS) of the Indian Army, was recently…
India’s first Constitution Museum, inaugurated by Lok Sabha Speaker Om Birla on November 23, 2a024,…
In a landmark development, Bihar will host the prestigious Khelo India Youth Games (KIYG) and…
India is a country with rich history, culture, and traditions. Among its many states, Odisha…