RBI denies report of $12 billion gold sale, says holdings unchanged
- Posted on June 3, 2026
- By Business News Today
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- 1 min read
RBI denies report of $12 billion gold sale, says holdings unchanged
The Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The RBI stated its physical gold stock remains unchanged at 880.52 tonnes. These reports are inaccurate, according to the central bank. The RBI's stance clarifies its position on its gold holdings.