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India's gold reserves have surged by over 40% since the country resumed purchasing the precious metal over five years ago. The RBI's continuous purchase underscores gold's prominence in international reserve portfolios amid market volatility and heightened risk. The rising share of gold in reserves is likely part of RBI's diversification strategy to reduce risk from geopolitical risks and the COVID-19 pandemic.
India's gold reserves have surged by over 40% since the country resumed purchasing the precious metal over five years ago. The RBI's continuous purchase underscores gold's prominence in international reserve portfolios amid market volatility and heightened risk. The rising share of gold in reserves is likely part of RBI's diversification strategy to reduce risk from geopolitical risks and the COVID-19 pandemic.
India's gold reserves have surged by over 40% since the country resumed purchasing the precious metal over five years ago. The RBI's continuous purchase underscores gold's prominence in international reserve portfolios amid market volatility and heightened risk. The rising share of gold in reserves is likely part of RBI's diversification strategy to reduce risk from geopolitical risks and the COVID-19 pandemic. 
