Will the RBI bring India’s gold back from London and Switzerland?

John Maynard Keynes may have declared gold a barbaric relic nearly a century ago. But central banks are accumulating the yellow metal amid pervasive inflation. This even though the monetary system is decoupled from the gold standard. The Reserve Bank of India (RBI) is no exception. Interestingly, a significant portion of the RBI’s gold holdings remain abroad. Of late there have been questions about this practice, since countries tend to use