Current Trends in Indian Economy
World Gold Council Report
▪ India’s gold imports increased 5% to 802.8 tonnes in 2024
▪ Driven by strong investment demand and significant purchases by the Reserve Bank of India
▪ RBI added 73 tonnes of gold to its forex reserves, raising gold’s share to a record 11%.
About
▪ The World Gold Council was formed in 1987
▪ They had headquartered across the world and have mining operations in over 45 countries
