Tuesday, April 23, 2013

RBI earns over 40% returns from its gold reserves

MUMBAI: The Reserve Bank of India is sitting on handsome returns on its gold reserves despite the recent crash in the yellow metal's price. The RBI's gold stock of about 400 tonnes, currently valued at $25.7 billion, has appreciated 41% since it bought 200 tonnes in October-November 2009 from the International Monetary Fund...........

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