TNPSC Thervupettagam

RBI’s Global Gold Purchases 2024

December 12 , 2024 12 hrs 0 min 33 0
  • The Reserve Bank has bought 48% of all the gold that the central banks bought in October.
  • It was adding a whopping 27 tonne to its home reserves, taking the total tonnage to 882.
  • Gold buying by all central banks is totalled only 60 tonne in October.
  • Between January and September, the central bank had bought 24 tonnes, taking the total to 854.73 tonne.
  • RBI is the second biggest central bank buyer of the yellow metal.

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