Why Is RBI Moving Gold To India? India’s Gold Reserves Among Top 10 Highest In World! Top Facts

The Bank of England, second only to the New York Federal Reserve in gold custody, safeguards precious metal reserves for the UK and other central banks. Its “bullion warehouse”, established in 1697 and expanded during various gold rushes, houses approximately 400,000 gold bars. By early September, these vaults contained nearly 5,350 tonnes of gold. (AI image)