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Never advocated selling, pledging of gold stocks: Anand Sharma

Last Updated: Thursday, August 29, 2013, 12:51

Commerce Minister Anand Sharma clarified that he only wanted the Reserve Bank to look at the possibility of 'monetising' gold reserves to check CAD.

Govt may use its gold reserves to reduce CAD, hints Anand Sharma

Last Updated: Tuesday, August 27, 2013, 16:25

The Commerce Minister said that only 500 tonnes of gold will be sufficient to cover India’s current account deficit.

Foreign holdings of US Treasury hits record high

Last Updated: Wednesday, January 18, 2012, 21:03

Foreign demand for US Treasury debt rose in November to the highest level ever, even as China trimmed its purchases for a second straight month.

No info about illegal gold sale: RBI, Fin Min

Last Updated: Sunday, October 16, 2011, 16:13

Two key economic regulators of the country -- Finance Ministry and Reserve Bank of India – do not have any information about the consumption of unaccounted gold in the country.

Venezuela to pull gold reserves out of US, Europe

Last Updated: Friday, August 19, 2011, 10:12

Venezuela will remove its international gold reserves from the US and Europe and place them in countries with "solid" economies like China, Russia and Brazil, President Hugo Chavez said.