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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

RBI Buys 8 Tonnes of Gold in Nov

RBI Buys 8 Tonnes of Gold in Nov

Chennai: The Reserve Bank of India continued adding gold to its reserves in November. It added 8 tonnes of gold, lifting...

6 Jan 2025 9:29 PM IST

Despite price rise, central banks to buy gold in FY25

Despite price rise, central banks to buy gold in FY25

According to the report, reserve managers indicate that they find that gold will help mitigate risks and prepare for...

18 Jun 2024 8:38 PM IST