Gold Reserves News - Latest Updates & Headlines
Trump gives call for inspecting America's 400 tonnes of gold reserves held at Fort Knox
Washington DC, February 22: US President Donald Trump said on Friday (local time) that he is going to inspect Fort Knox to make sure that the 400 tonnes of gold is there.
India's forex reserves surge for 3rd straight week
Mumbai, Feb 15: India's foreign exchange reserves increased by $7.6 billion to stood at $638 billion as of February 7, according to latest data by the Reserve Bank of India (RBI).
RBI's gold buying is not to replace dollar for international settlements: Sitharaman in Lok Sabha
New Delhi, February 10: Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.
India's forex reserves rise for 2nd consecutive week, gold reserves up
New Delhi, Feb 8: The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data.
India's forex kitty at $634.59 billion, gold reserves rise by $824 million
Mumbai, Jan 10: : India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
Stock market volatility boosts investments in gold ETFs in India: WGC
New Delhi, January 9: The stock market volatilities have boost the investments in the gold Exchange Traded Funds (ETFs) in India, as the country witnessed its eighth consecutive month of inflows into ETFs in December 2024, the world Gold Council (WGC) stated in its commentary.The trends for gold ETFs reflect rising investor interest in the metal as equity market volatility persisted.
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset
Mumbai, Jan 7: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest World Gold Council (WGC) report.
India becomes second largest buyer of gold after Poland in 2024: World Gold Council
New Delhi, January 6: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.