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Big Decision: RBI took a big step against the American dollar! History's biggest decision taken, now what will be the effect on gold?

The Reserve Bank of India (RBI) has taken the biggest step yet towards reducing its dependence on the US dollar. The RBI has recalled a large portion of its gold held abroad to India. Now around 65% of RBI's total gold reserves are secured in India, almost double the level of 4 years ago. After […]

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