Gold Reserves
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Where does US store its maximum gold reserves? Trump's interest in unlocking its doors explained
World | Feb 22, 2025, 07:15 PM ISTFort Knox is a famous location where the US keeps its maximum gold reserves. Trump wants to inspect the location to ascertain whether it contains the gold it is famous for.
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Has Pakistan hit a jackpot with PKR 80,000 crore gold reserves? Know what country's minister claims
World | Jan 13, 2025, 02:21 PM ISTFormer Mining Minister of Pakistan's Punjab province Ibrahim Hasan Murad, in a statement issued on X announced the groundbreaking discovery of "2.8 million tolas of gold, valued at 800 billion PKR."
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India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report
Business | Jan 06, 2025, 07:08 PM ISTAccording to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland which added 90 tonnes. India's gold reserve surge this year is 78 tonnes.
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India's forex reserves fall to USD 675.653 billion as of November 8, says RBI
Business | Nov 15, 2024, 05:54 PM ISTThe fall is attributed to a dip in foreign currency assets, which form the largest component of the reserves. These assets saw a reduction in valuation as the dollar strengthened against major global currencies.
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India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
Business | Nov 08, 2024, 06:53 PM ISTIndia’s foreign exchange reserves declined for the fifth consecutive week, dipping by $2.675 billion to $682.130 billion. This trend may indicate RBI’s market intervention to support the rupee amid currency volatility. Discover how reserve changes impact India’s economy and stability.
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RBI transfers 1000 tonnes of gold from UK to its vaults in India
Business | May 31, 2024, 05:13 PM ISTIn the biggest logistical exercise to move huge quantity of gold since 1991, the Reserve Bank of India transfers 1000 tonnes of gold to its vaults in India. The move is guided by the management of overseas gold reserve considering its rise in recent years.
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Bihar has India's largest gold reserve? Nitish govt gives nod for exploration
India | May 29, 2022, 10:45 AM ISTBihar has 222.885 million tonnes of gold metal, which amounts to 44 per cent of the total gold reserves in the country.
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RBI to move to next generation treasury application for managing forex, gold reserves
Business | Oct 11, 2020, 02:31 PM ISTThe NGTA, according to the RBI, would be a web-based application providing scalability, maneuverability and flexibility to introduce new products and securities, besides supporting multi-currency transactions and settlements.
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Sonbhadra gold reserve: Barely known facts about Son Pahari
India | Feb 24, 2020, 07:49 PM ISTSonbhadra district of Uttar Pradesh gained sudden prominence after news circulated that the area has a rich vein of gold.
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Sonbhadra Gold Reserve: Over 400 tribal families fear homelessness
India | Feb 23, 2020, 08:29 AM ISTTwo days ago, the GSI discovered gold deposits of around 3,000 tonnes worth Rs 12 lakh crore in UP's Sonbhadra, however, it later issued a clarification saying the estimated reserve is about 160 kg. Though gold deposits of around 3,000 tonnes may not have been found, but more than 400 tribal families in Sonbhadra have already started fearing homelessness.
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At 618 tonnes, India's official gold reserve hits new high. List of top 10 countries with most gold reserve
Business | Jul 08, 2019, 07:32 PM ISTIndia's official gold holdings have hit all-time high of 618 tonnes. This has facilitated India's inclusion in the top 10 list of countries of with highest official gold holdings. Here is the top 10 list with their gold reserve count.
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Forex reserves rise for 2nd week, jump by $1.46 bn to $283.6 bn
Nov 23, 2013, 04:03 PM ISTMumbai: Forex reserves jumped for the second consecutive week by adding $1.459 billion in the week to November 15, taking the overall reserves to a healthy $283.57 billion, on account higher foreign currency assets.In the
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Know from where does all the Earth's gold come from
World | Jul 19, 2013, 06:29 AM ISTNew Delhi: Researchers at the University of Bristol have provided clear evidence that the planet's accessible reserves of gold are the result of a bombardment of meteorites more than 200 million years after Earth was
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China's gold reserves stand at 1,054 tonnes
World | Mar 13, 2013, 06:19 PM ISTBeijing, Mar 13: Vice governor of the People's Bank of China Yi Gang Wednesday said the country's gold reserves now stand at 1,054 tonnes, and added that a massive increase is unlikely in the future.“We
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RBI holding gold reserves worth $27 bn
May 04, 2012, 04:39 PM ISTNew Delhi, May 4: The Reserve Bank is holding gold reserves of 557.75 tonne valued at USD 27.02 billion, Parliament was informed today.“As on April 20, 2012, the value of gold reserve was USD 27.02