India’s gold reserves increase marginally in February: WGC

According to the latest data from World Gold Council (WGC), India has marginally increased its gold holding in February 2019. India’s gold holding increased from 607 tonnes in January to 608.7 tonnes in February. Gold holding is a central banks’ total holding of gold as a percentage of their foreign exchange reserves. Early in March,… Continue reading India’s gold reserves increase marginally in February: WGC

‘India ranks 11th in gold holding’

A recent report by World Gold Council has ranked India 11th in terms of gold holding. India’s current gold holding is 607 tonnes. Gold holding is a central banks’ total holding of gold as a percentage of their foreign exchange reserves. India is the largest consumer of gold. USA has ranked first in gold holding followed… Continue reading ‘India ranks 11th in gold holding’