On the auspicious occasion of Dhanteras, the Reserve Bank of India (RBI) announced a significant transfer of 102 tonnes of gold from the Bank of England’s vaults in London to secure locations within India. This strategic move is part of a broader effort by the RBI to strengthen domestic holdings amidst rising global geopolitical tensions. Strengthening Domestic Gold Holdings This recent transfer marks the second substantial gold shipment by the RBI from the UK to India within the year. The first transfer, which took place on May 31, involved over…
RBI Transfers 102 Tonnes of Gold from UK to India Amid Global Unrest
