The reduced share of UST in global sovereign savings comes amid Gold reserves for India crossed the $100 billion mark for the first time, with total gold reserves at $102.3 billion as of October 10. In the subsequent week as of October 17, gold reserves stood at $108.5 billion, having a weekly increase of $6.2 billion.A safe bet amid global uncertainty Since 2017, the banks have cut dollar assets and bought more of the yellow metal; India has doubled its gold holding in total reserves Gold prices plunged ...