RBI adds 72 tonnes gold in 2024 amid volatility

February 5, 2025

In 2024, the Reserve Bank of India expanded its gold reserves by 72.6 tonnes, reaching a total of 876.18 tonnes valued at $66.2 billion. This increase is the highest since 2021 and the second highest since 2017. The central bank’s gold purchases help protect against currency volatility and enhance valuation gains on reserves.

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Asian stock markets experienced a sharp decline early Monday. Japan’s Nikkei 225 index dropped over 6%. South Korea’s Kospi also sank significantly. Shares in Australia

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Negative Breakout: These 9 stocks cross below their 200 DMAs

In the Nifty500 pack, nine stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 6, according to stockedge.com’s technical scan data.

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