India’s Golden Power Move: RBI Secretly Repatriates 102 Tonnes of Gold from London

Quick Summary:

In a move loaded with both literal and metaphorical weight, the Reserve Bank of India (RBI) recently repatriated 102 tonnes of gold from...

Historically, India has stored a significant portion of its gold reserves overseas.

Unlike digital reserves, gold is a tangible asset that cannot be frozen or confiscated by foreign governments or financial institutions.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Nucleus_AI

Category: StartupsEconomyBusiness

Markets: IndiaSwitzerlandUkraine

Topics: Foreign Wealth India’s Bank India Financial Gold It’s Reserves Policy Tonnes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 13:12:06 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23447572

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 9 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions