RBI move a spot up at 10th in Gold Reserve Holding: WGC

RBI move a spot up at 10th in Gold Reserve Holding: WGC

  • The Reserve Bank of India has moved to rank 10th in terms of gold reserves with the central banks. Reserve Bank has 612.6 tonnes of Gold as per Data released by World Gold Council in June 2019.

  • RBI has replaced the Netherlands at 10th spot. In the ranking of March 2019, RBI was on the 11th spot. Now RBI holds 6.1% of the total gold reserves.

  • The United States is the top holder of Gold Reserves.

Points to remember:

  1. Rank of RBI in terms of gold holding?

 

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