TNPSC Thervupettagam

RBI gold purchase in 2024

March 21 , 2024 120 days 406 0
  • The RBI’s net gold buying in the first two months of 2024 (13.4t) already amounts to more than 80% of its 2023 annual net purchase (16.2t).
  • This represents the largest purchase for the period since 2015.
  • The RBI is among several central banks that have been accumulating gold at a steady clip.
  • Its annual net gold purchases is averaged 42t (2018 to 2023). 

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