RBI gold purchase in 2024
March 21 , 2024
119 days
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- The RBI’s net gold buying in the first two months of 2024 (13.4t) already amounts to more than 80% of its 2023 annual net purchase (16.2t).
- This represents the largest purchase for the period since 2015.
- The RBI is among several central banks that have been accumulating gold at a steady clip.
- Its annual net gold purchases is averaged 42t (2018 to 2023).
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