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India moved about 100 tonnes of its gold reserves from foreign vaults to India in 2023–24, not recently in August 2025

India transferred 100 tonnes of gold reserves during 2023–24 for financial management, not as a reaction to the 2025 US tariff, according to the Reserve Bank of India report.

Summary by factly.in
Recently, on 07 August 2025, US President Donald Trump imposed a 50 per cent tariff on Indian imports, citing New Delhi’s imports of Russian crude. The new tariff rate will take effect from 27 August 2025, making India one of the most heavily taxed US trading partners. In this context, a video showing ‘TIMES NOW Navbharat’ news presenter Sushant Sinha reporting that the RBI has shifted about 100 tonnes of gold from foreign vaults to India is bei…

3 Articles

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factly.in broke the news in on Wednesday, August 13, 2025.
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