In March, India and China accounted for 60% of global central bank gold purchases, raising India's gold holdings to a record high of 822.1 tons.
India and China accounted for 60% of global central bank gold purchases in March, with RBI adding 5 tons to its reserves, raising India's gold holdings to a record high of 822.1 tons. Central banks globally increased their gold holdings by 16 tons during the month, with Turkey being the biggest buyer at 14 tons. Gold's share of total reserves in India has risen to 8.4% from 7.7% in 2023.
May 03, 2024
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