India Rapidly Returning Its Significant Gold Reserves Back To Country - Reports

MOSCOW, May 12 (Bernama-Sputnik/RIA Novosti) -- India is rapidly repatriating significant gold reserves from overseas vaults, reported Sputnik/RIA Novosti quoting a report from The Economic Times newspaper.

It was cited from a report from the Reserve Bank of India.

About 77 per cent of the more than 880.52 tonnes of gold is now stored domestically, the report said on Monday.

In February, the World Gold Council said that the share of gold in India's national gold and foreign exchange reserves reached a peak of 17.2 per cent as of early February.

--BERNAMA-SPUTNIK/RIA NOVOSTI