Gold shines! RBI adds $5.6 billion in gold reserves in April-June quarter; value of reserve gold up $3.8 billion

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Data from the RBI indicates that the bank bought around nine tonnes of gold between the end of March and the end of May. The per tonne value of gold increased from $63.44 million per tonne at the end of March 2024 to $68 million at the end of May.