Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure

Jul 14, 2026 - 18:30
Not so ‘treasured’ anymore! Why India, China are stacking up gold and trimming US Treasuries exposure

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India is among major economies that are stepping up purchases of gold, while trimming holdings of US Treasuries. Central banks have increasingly begun viewing gold not only as a hedge against inflation but also as a core store of value.

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