Big jump! Not just RBI, central banks around the world buying gold

Central banks globally, including India, are increasing gold reserves to diversify holdings and hedge against economic uncertainties. From 2009 to 2024, collective gold holdings grew significantly, with Russia, Egypt, and Argentina leading in expanding gold's proportion within their foreign exchange reserves.

May 10, 2025 - 00:15
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Big jump! Not just RBI, central banks around the world buying gold
Central banks globally, including India, are increasing gold reserves to diversify holdings and hedge against economic uncertainties. From 2009 to 2024, collective gold holdings grew significantly, with Russia, Egypt, and Argentina leading in expanding gold's proportion within their foreign exchange reserves.

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