Gold holds up incremental value of forex reserves

This article discusses the role of gold in India's foreign exchange reserves. It highlights how gold has maintained its value and contributed to the stability of the forex reserves. The article explains that despite fluctuations in other assets, gold has provided a steady increment in value, helping to bolster the overall reserve position. The piece also touches on the Reserve Bank of India's (RBI) strategy in managing forex reserves and the importance of diversification.