India Brings Back 102 Tonnes of reserve Gold from London with Palki Sharma

Good news! India, a rising superpower!

Reserve Bank of India Shifts 100 Tonnes of Gold from London to India with Palki Sharma

Good news! India, a rising superpower! Palki forgot to mention whether these were the entire gold reserves held by the RBI in London.

Central banks repatriating gold in wake of sanctions against Russia, study finds

Not sure what the import of this is, but it certainly seems to be unusual! 

Alert: I am not a gold bug! 😊

"An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday. ...
Over 85% of the 85 sovereign wealth funds and 57 central banks that took part in the annual Invesco Global Sovereign Asset Management Study ..."

Countries repatriating gold in wake of sanctions against Russia, study finds | Reuters

Invesco Global Sovereign Asset Management Study 2023

Credits: Zentralbanken ziehen Goldreserven aus Ausland ab