सोने की कीमत का पूर्वानुमान: सोना नई ऊंचाई के करीब, लक्ष्य 2,400 डॉलर है

Share Of Gold In India’s Forex Reserves Rises

The share of gold in India’s foreign exchange reserves rose to just over 7% at the end of March 2022, from 5.88% at the end of September 2021, the Reserve Bank of India (RBI) said in a report released on Thursday. At end-March 2022, the RBI held 760.42 metric tonne of gold (including gold deposits of 11.08 metric tonne). “While 453.52 metric tonne of gold is held overseas in safe custody with the Bank of England and the Bank of International Settlements (BIS), 295.82 metric tonne of gold is held domestically,” the central bank said in its half-yearly report on foreign exchange reserves.


RBI Prepares To File For Insolvency Proceedings Against SREI Infrastructure Finance & SREI Equipment Finance

Reserve Bank of India prepares to file for insolvency proceedings against SREI Infrastructure Finance and SREI Equipment Finance RBI has finalised an administrator to be appointed at the two firms RBI to first suspend boards of the companies and appoint the administrator, before initiating insolvency proceedings NTPC Is Said To …


Reserve Bank of India likely Sold a Net $1.8 Billion

The Reserve Bank of India likely sold a net $1.8 billion in the two weeks ended April 10. That follows likely sales of $7.7 billion in the spot forex market last month, which made the authority a net seller for the first time in seven months.


Sanctioned Russian’s Family Sells $6 Billion Stake in Gold Miner

Yellow Metal, We Tell You about some of the Options Available For Investing

Gold ETFs and Funds

Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.