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Searched Tag: gold reserves
India glitters with nearly 20 tonnes of gold reserves in Odisha

India glitters with nearly 20 tonnes of gold reserves in Odisha

August 19, 2025, 05:11 PM - 2 min read

Confirmed deposits have been reported in Deogarh's Adasa-Rampalli area, Sundargarh, Nabarangpur, Keonjhar, Angul, and Koraput, as per findings placed before the state assembly by Mines Minister Bibhuti Bhushan Jena.

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Forex reserves down $1.8 bn, RBI moves to stabilise rupee

March 9, 2025, 11:57 AM - 2 min read

India’s foreign exchange reserves declined by $1.8 billion to $638.7 billion for the week ending 28 February, as per the Reserve Bank of India. The drop is attributed to central bank interventions to stabilise the rupee, which remains near its all-time low against the US dollar.

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Representative image indicating gold nugget taken out of river.

Pakistan discovers ₹80,000 cr gold deposit along Indus River

March 5, 2025, 09:16 AM - 3 min read

Pakistan has discovered a gold deposit worth Rs 80,000 crore along the Indus River in Punjab, potentially revitalising its struggling economy. The find, believed to have originated in the Himalayas, has sparked government efforts to regulate mining and attract investment for sustainable extraction.

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RBI adds 27 tonnes of gold to reserves in October: WGC

RBI adds 27 tonnes of gold to reserves in October: WGC

December 5, 2024, 10:08 PM - 2 min read

India added 27 tonnes of gold in October, bringing its total gold purchases to 77 tonnes from January to October, according WGC data based on reported monthly data from the International Monetary Fund (IMF).

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India's gold imports jump 21.78% to $27 bn in Apr-Sept

October 30, 2024, 04:31 PM - 2 min read

The jump in gold imports pushed the country's trade deficit (difference between imports and exports) to USD 137.44 billion during the first half of the current fiscal compared to USD 119.24 billion during April-September 2023.

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Gold, silver hit new lifetime highs on wedding season demand

Gold, silver hit new lifetime highs on wedding season demand

October 23, 2024, 06:37 PM - 4 min read

The precious metal had jumped Rs 263 or 0.33 per cent to touch an all-time peak of Rs 78,919 per 10 grams during the day.

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India’s gold reserves rise to $63.613 billion, ETF buying surges

India’s gold reserves rise to $63.613B, ETF buying surges

September 28, 2024, 05:21 PM - 2 min read

According to the latest data from the Reserve Bank of India (RBI), gold reserves rose by $726 million to reach $63.613 billion, up from $62.887 billion the previous week.

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