- The World Gold Council (WGC) recently released its report, “World Gold Outlook 2020”. The report says that gold has performed the best since 2010 in 2019.
- In 2019, the gold trade in USD has increased by 18.4% as compared to 2010.
Highlights: India
- According to the WGC, RBI (Reserve Bank of India) currently holds 625.2 tonnes of gold. This is 6.6% of the country’s foreign exchange. With this, India ranks sixth in the world among other central banks.
