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SEATTLE (Scrap Monster): The Reserve Bank of India (RBI) acquired about 10 tonnes of gold in the March quarter, placing it among the top five gold buyers in that period as central banks seek to diversify their reserves amid economic uncertainties, according to bullion market experts.
The recent purchases have swelled RBI’s total gold reserve to just under 800 tonnes, marking a new record for the central bank.
Courtesy: www.livemint.com
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