business india s gold reserve shines as rbi adds 8 tonnes in nov second biggest buyer in 2024 wgc report

India's Gold Reserve Shines As Rbi Adds 8 Tonnes In Nov, Second-biggest Buyer In 2024: Wgc Report

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The Reserve Bank of India (RBI) added 8 tonnes of gold to its reserve in November 2024, the World Gold Council (WGC) said in a report on Monday. The WGC in its report has said that central banks, mostly in emerging markets, remained keen buyers of gold as it remains a stable and secure asset. The report said that collectively, central banks around the world, added 53 tonnes of gold to their reserves. The report stated, Assessing the final act of 2024, central banks around the world continued