India Brings 100 Metric Tons of Gold Back From Bank of England, Fills RBI Vaults

Mumbai: India has moved 100 metric tons of its gold stored in the UK to domestic vaults in FY24, sources said today.This is one of the biggest movements of gold undertaken by the country since 1991, when pledging a substantial part of the gold holding to tide over a foreign exchange crisis resulted in its movement out of India.The country’s overall gold holding increased 27.46 metric tons in FY24
Mumbai: India has moved 100 metric tons of its gold stored in the UK to domestic vaults in FY24, sources said today.This is one of the biggest movements of gold undertaken by the country since 1991, when pledging a substantial part of the gold holding to tide over a foreign exchange crisis resulted in its movement out of India.The country’s overall gold holding increased 27.46 metric tons in FY24
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