Question

    As per World Gold Council data, which country’s central bank is the largest buyer of gold?

    A India Correct Answer Incorrect Answer
    B Thailand Correct Answer Incorrect Answer
    C US Correct Answer Incorrect Answer
    D China Correct Answer Incorrect Answer
    E Russia Correct Answer Incorrect Answer

    Solution

    The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021, as per World Gold Council data. India’s official gold reserves is the ninth-largest in the world. These data are available in World Gold Council’s official website- Goldhub.

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