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According to P. R. Somasunda-ram, Managing Director, India, World Gold Council, the trade had enough stocks in the run up to the festive season. Hence the imports were lower during the previous months as well as in October.

Most Central Banks See Their Gold Holdings Rising In One Year

Majority of respondents, almost 73 per cent see moderate or significantly lower US dollar holdings within global...

17 Jun 2025 6:38 PM IST

Central bank gold purchases a hedge against sanctions risk: Gita Gopinath

Central bank gold purchases a hedge against sanctions risk: Gita...

Chennai: Several Central banks have been increasing gold holdings in their forex reserves. Gita Gopinath of...

8 May 2024 6:14 PM IST