Indian households are estimated to hold around 34,600 tonnes of gold, valued at about $3.8 trillion which is roughly 88.8 per cent of the country’s GDP. With gold prices touching new highs, this massive holding is giving a positive boost to household wealth and balance sheets across the country, ANI citing Morgan Stanley report. Gold…
In this festive season, Gold and silver prices are showing bullish behavior in the market where, Gold is at lifetime high value of Rs 1,23,677 per 10 grams and Yesterday, silver reached to its all time high value of Rs 1,53,388 per kilo grams . A continuous surge has been observed in silver from 18 September…
The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed on Monday. While 348.62 metric tonnes of gold were kept in safe custody with the Bank of England and the Bank for International Settlements…