RBI bets on gold! Reserve Bank of India buys half a tonne of gold...

RBI bets on gold! Reserve Bank of India buys half a tonne of gold in June; yellow metal fastest growing component of India's forex reserves

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The Reserve Bank of India (RBI) increased its gold reserves by approximately half a tonne in late June, bringing total holdings to 879.8 tonnes. Gold's value within India's foreign exchange reserves has significantly increased, reaching 12.1% as of July 18, 2025.

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