RBI emerges as 2nd largest buyer of gold in 2021

RBI emerges as 2nd largest buyer of gold in 2021

Daily Current Affairs / RBI emerges as 2nd largest buyer of gold in 2021

Change Language English Hindi

Category : Business and economics Published on: February 11 2022

Share on facebook

The Reserve Bank of India (RBI) emerged as the second-largest buyer of yellow metal among the world's Central Banks in 2021.
The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021.
India’s official gold reserves is ninth-largest in the world.
In 2009, India bought 200 tonnes of gold from the International Monetary Fund (IMF).
At the end of December 2021, RBI gold reserves stood at 754.1 tonnes, which amounts to 6.22 percent of India’s forex reserves. As per RBI data, India’s total reserves at the end of December 31, 2021, stood at $633.61 billion, including gold reserves worth $39.405 billion.

Recent Post's

Sheikh Hasina’s 21-year sentence deepens Bangladesh’s political unrest ahead of the 2026 elections.
Read More....
India and Indonesia strengthened their strategic defence partnership by advancing cooperation on Indo-Pacific security, defence industry, and military ties at the 3rd Defence Ministers’ Dialogue in New Delhi.
Read More....
Punjab launches “Easy Registry” to make property registration simple, fast, and corruption-free.
Read More....
Jakarta surpasses Tokyo as the world’s most populous city, highlighting Asia’s rapid urban growth.
Read More....
UAE launches “TM Market Place,” the region’s first digital platform for trading trademarks.
Read More....
Legendary Bharatanatyam dancer Kumari Kamala, a pioneer of the Vazhuvoor style, passes away at 91.
Read More....
PM Modi launches Skyroot’s Infinity Campus and Vikram-I, boosting India’s private space and aviation sectors.
Read More....
China’s underground neutrino lab (JUNO) is fully operational, while India’s planned neutrino lab (INO) is still delayed.
Read More....
Kerala’s geography and scientific heritage have been immortalized on Mars through craters named after its places and geologist M.S. Krishnan.
Read More....
Uttar Pradesh and Maharashtra have declared that Aadhaar is no longer valid as proof of birth, enforcing stricter verification to curb document fraud.
Read More....
Weekly Current Affairs (23rd November to 29th November 2025)
Read More....