FINANCIALEXPRESS
The share of gold maintained by the Reserve Bank of India in its foreign exchange reserves has almost doubled since 2021. (The New York Times)
Gold, one of the rarest elements found in the Earth’s crust, has stood the test of time over thousands of years. Gold, a versatile element, is used in various industrial applications beyond its wearable status.
However, what distinguishes it from all other asset classes is its reputation as the ‘bedrock’ of safe-haven wealth.
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