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INDIA: Gold reserves up 36 per cent in last five years

Goldbrix

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All major BRICS nations going for the gold.
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"The (India) central bank is gradually diversifying reserves away from US dollar​

From 705.6 tonnes in Q2 2021, India’s gold reserves increased nine per cent to 768 tonnes in Q2 2022. This is, however, not new. India has been gradually increasing its holding of gold over the past few years, from 561 tonnes in June 2018, it has grown 36.8 per cent now. "...

More Here: https://www.thehindubusinessline.co...-reserves-since-last-july/article65710887.ece
 

Goldbrix

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Its not OVA.
 

nickndfl

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BRICS are going to something gold backed. Probably a crypto for export specialty transactions i.e. agriculture from Brazil, oil and gas from Russia, pharmaceuticals from India, manufactured crap from China & minerals from South Africa.

Everything traded can use their joint crypto instead of the greasy $USD. The euro is trash too. The west will continue its decline until their politics changes away from socialism and big government.