RBI emerged as the second-largest buyer of Gold among the world’s Central Banks in 2021

Reserve Bank of India (RBI) has emerged as the second-largest buyer of Gold among the world’s Central Banks in 2021. The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021.

Central Bank of Thailand (Bank of Thailand) was the highest buyer of Gold in 2021 and bought 90 metric tonnes of gold. As per Goldhub, India’s official gold reserves is the 9th  largest in the world. Goldhub is the official website of the World Gold Council that maintains all the data regarding precious metal.