Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy

Jul 9, 2026 - 14:00
Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy

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The strategic importance of gold came into sharper focus in 2022 after Western sanctions led to the freezing of a substantial portion of Russia's foreign exchange reserves. The episode underscored gold's value as a reserve asset.

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