Mr. Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL)
Central Bank buying is the main factor supporting Gold prices to trade above $2000 in the last few months. Central banks around the world have been buying gold with both hands for the last 2-3 years as they want to diversify their reserves out of Dollar to other asset classes.
The Reserve Bank of India has been actively buying around 40 tonnes of gold every year for the last six years. India now stands at ninth position in terms of gold reserves with holdings over 800 tonnes in 2023. India’s central bank has surpassed the central banks of the Netherlands, Turkey, the UK, and Saudi Arabia in terms of gold reserves lately.
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BDB completes 16 years of operations — marking 16 years of growth, collaboration, and continued commitment.
We are honored to have Mr. Pierre Steverlynck, Consul General of Belgium, and Mr. Swapnil Thorat , RPO Mumbai grace this special occasion with their presence.
BDB completes 16 years of operations — marking 16 years of growth, collaboration, and continued commitment.
We are honored to have Mr. Pierre Steverlynck, Consul General of Belgium, and Mr. Swapnil Thorat , RPO Mumbai grace this special occasion with their presence.
✨ Crafting New Expressions of Luxury ✨
@GJEPCIndia and @TheLeelaHotels have signed an MOU to launch exclusive hospitality benefits and special offers for GJEPC members! 💎🏨
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