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Debunking reports of golden sale, the Reserve Bank of India (RBI) connected Wednesday (June 3, 2026) said determination is nary alteration successful the carnal banal of gold, which remains unchanged astatine 880.52 tonnes.
The clarification from the Reserve Bank of India (RBI) comes pursuing reports that the RBI whitethorn person sold golden amounting to astir $12 cardinal to shield its foreign-currency reserves from the interaction of the ongoing struggle successful West Asia.
"The RBI emphasises that these reports are not correct," the cardinal slope said successful a statement. Members of the nationalist are, therefore, advised to trust connected authoritative accusation published by the RBI from clip to clip successful specified matters, it said.
Meanwhile, the Press Information Bureau besides published a fact-check connected the reports. According to RBI, the stock of golden successful India's overseas speech reserves roseate from 13.92%t astatine the extremity of September 2025 to 16.70% connected March 31, 2026, and further to 16.85% arsenic of May 22, 2026, it said.
