RBI says it did not sell Gold.
RBI Sells Gold.
https://www.moneylife.in/article/rbi-sells-gold-on-high-reserve-surplus-transfer-to-centre/58516.html
Actually it should buy or keep the Gold,however small it may be,as QE and low interest rates result in higher prices for Gold ,Silver etc [and other asset classes ],due to consequent weakening of the $.
RBI Sells Gold.
https://www.moneylife.in/article/rbi-sells-gold-on-high-reserve-surplus-transfer-to-centre/58516.html
Actually it should buy or keep the Gold,however small it may be,as QE and low interest rates result in higher prices for Gold ,Silver etc [and other asset classes ],due to consequent weakening of the $.
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