India 11th in gold reserves with central bank

From Business-Standard.com

India is the world’s 11th largest player in terms of gold reserves with the country’s central bank.

Data compiled by the World Gold Council (WGC) showed that India has a total reserves of 557.7 tonnes of gold in its kitty as on today.

United States leads with 8,133.5 tonnes of gold reserves, followed by Germany (3,391.3 tonnes), International Monetary Fund (IMF – 2,814 tonnes), Italy (2,451.8 tonnes) and France (2,435.4 tonnes).

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