Archive · 8 Jun 2025

India's Bullion Policies Need Overhaul Amidst Geopolitical Uncertainty

India's Bullion Policies Need Overhaul Amidst Geopolitical Uncertainty

India needs to rethink how it gets and uses gold because of global tensions.

India gets almost all its gold from other countries, which could be a problem if those supplies are interrupted.

The country should buy gold from more places, maybe even using deals like the oil-for-gold.

They should also keep some gold in reserve, like a special savings account for emergencies.

India needs its own system for trading gold so it's not dependent on other countries' rules.

Finally, they could make deals with other countries to trade gold in ways that don't use the U.S. dollar.

Sources