Question
What was the percentage rise in gold prices in rupee
terms, contributing to the RBI’s gold purchase decision in FY25?Solution
Gold prices surged by 30% year-on-year to over ₹1 lakh per 10 grams due to global factors such as geopolitical tensions, tariff wars, and dollar instability, prompting the RBI to increase its gold holdings as a risk mitigation strategy.
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...
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