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    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    Seagull Advertising the start-up brand launch accelerator of Pune

    Seagull Advertising the start-up brand launch accelerator of Pune

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

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    Aegon Life reimagines insurance buying experience with gamification | July 2022

    Aegon Life reimagines insurance buying experience with gamification | July 2022

    RENAULT KIGER ACHIEVES 50,000 PRODUCTION MILESTONE IN INDIA

    RENAULT KIGER ACHIEVES 50,000 PRODUCTION MILESTONE IN INDIA

    CheQ raises $10mn in seed Led by Venture Highway & 3one4 Capital

    CheQ raises $10mn in seed Led by Venture Highway & 3one4 Capital

    Women’s World Banking and Bank of Baroda announce the Rollout of ‘Baroda Jan Dhan Plus’ in Uttar Pradesh and Uttarakhand to Inculcate Savings Behaviour in Customers

    Women’s World Banking and Bank of Baroda announce the Rollout of ‘Baroda Jan Dhan Plus’ in Uttar Pradesh and Uttarakhand to Inculcate Savings Behaviour in Customers

    Shyam Steel launches its new TVC Campaign featuring Virat Kohli & Anushka Sharma

    Shyam Steel launches its new TVC Campaign featuring Virat Kohli & Anushka Sharma

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    The Department of IT, Govt. of Bihar ispartnering in Digital India Week on the occasion of 7th Anniversary of Digital India.

    The Department of IT, Govt. of Bihar ispartnering in Digital India Week on the occasion of 7th Anniversary of Digital India.

    Acer refreshes its bestselling Aspire 7 Gaming laptop with 12th Gen Intel® Core™ processor at a price of Rs 62,990

    Acer refreshes its bestselling Aspire 7 Gaming laptop with 12th Gen Intel® Core™ processor at a price of Rs 62,990

    545 students from Aakash+BYJU’S achieve stupendous results in KVPY national fellowship program 2021

    545 students from Aakash+BYJU’S achieve stupendous results in KVPY national fellowship program 2021

    India’s leading diversity job portal, announced the third edition of its free virtual job fair for women

    India’s leading diversity job portal, announced the third edition of its free virtual job fair for women

    101 students from Aakash+BYJU’S qualify Mukhyamantri Vigyan Pratibha Pariksha (MVPP) 2022

    101 students from Aakash+BYJU’S qualify Mukhyamantri Vigyan Pratibha Pariksha (MVPP) 2022

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    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    Seagull Advertising the start-up brand launch accelerator of Pune

    Seagull Advertising the start-up brand launch accelerator of Pune

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

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    Aegon Life reimagines insurance buying experience with gamification | July 2022

    Aegon Life reimagines insurance buying experience with gamification | July 2022

    RENAULT KIGER ACHIEVES 50,000 PRODUCTION MILESTONE IN INDIA

    RENAULT KIGER ACHIEVES 50,000 PRODUCTION MILESTONE IN INDIA

    CheQ raises $10mn in seed Led by Venture Highway & 3one4 Capital

    CheQ raises $10mn in seed Led by Venture Highway & 3one4 Capital

    Women’s World Banking and Bank of Baroda announce the Rollout of ‘Baroda Jan Dhan Plus’ in Uttar Pradesh and Uttarakhand to Inculcate Savings Behaviour in Customers

    Women’s World Banking and Bank of Baroda announce the Rollout of ‘Baroda Jan Dhan Plus’ in Uttar Pradesh and Uttarakhand to Inculcate Savings Behaviour in Customers

    Shyam Steel launches its new TVC Campaign featuring Virat Kohli & Anushka Sharma

    Shyam Steel launches its new TVC Campaign featuring Virat Kohli & Anushka Sharma

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    The Department of IT, Govt. of Bihar ispartnering in Digital India Week on the occasion of 7th Anniversary of Digital India.

    The Department of IT, Govt. of Bihar ispartnering in Digital India Week on the occasion of 7th Anniversary of Digital India.

    Acer refreshes its bestselling Aspire 7 Gaming laptop with 12th Gen Intel® Core™ processor at a price of Rs 62,990

    Acer refreshes its bestselling Aspire 7 Gaming laptop with 12th Gen Intel® Core™ processor at a price of Rs 62,990

    545 students from Aakash+BYJU’S achieve stupendous results in KVPY national fellowship program 2021

    545 students from Aakash+BYJU’S achieve stupendous results in KVPY national fellowship program 2021

    India’s leading diversity job portal, announced the third edition of its free virtual job fair for women

    India’s leading diversity job portal, announced the third edition of its free virtual job fair for women

    101 students from Aakash+BYJU’S qualify Mukhyamantri Vigyan Pratibha Pariksha (MVPP) 2022

    101 students from Aakash+BYJU’S qualify Mukhyamantri Vigyan Pratibha Pariksha (MVPP) 2022

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For the first time in a decade, the RBI sold so many tons of gold

NewsMonks by NewsMonks
2 years ago
in Economy, International, National
1 min read
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For the first time in a decade, the RBI sold so many tons of gold
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According to a report by the World Gold Council, the Reserve Bank of India sold a total of 12.1 tonnes of gold in the July-September quarter.  This is the first time in a decade that the central bank has sold gold instead of buying it.  The bank bought 141.9 tonnes of gold in the September quarter of 2019. 

It sold 12 tonnes of gold in the September quarter of 2020. The central bank of India as well as the central banks of many countries are selling gold from their own stocks in this way.  The central banks of countries like Uzbekistan and Turkey have done this on a very large scale.  Russia’s central bank also made a net sale in the September quarter after 13 years, according to the World Gold Council.

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