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Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India

Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India

Globally, central banks’ collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has been on a gold buying spree, but it’s not alone! Several countries besides India are increasing their gold holdings significantly. Among countries that witnessed the most substantial increase in gold’s proportion of their total foreign exchange reserves …

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