MUMBAI, JUNE 03, 2026: The Reserve Bank of India (RBI) officially refuted reports claiming it sold (\$12\) billion worth of its gold reserves to protect the rupee and foreign exchange levels. The central bank categorically stated that these media reports are incorrect, and its physical gold holdings remain completely unchanged at 880.52 metric tonnes.
In an official statement here on Wednesday, RBI Chief General Manager Brij Rak said that the Reserve Bank of India (RBI) has come across reports in certain sections of the media about RBI’s sale of gold. The RBI emphasizes that these reports are not correct.
In this context, it is clarified that the physical stock of gold is disclosed by RBI in its Monthly Bulletin. The latest edition is available on the RBI website at: https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=24213, and the physical stock of gold remains unchanged at 880.52 tonnes as on date.
Members of public are, therefore, advised to rely on official information published by RBI from time to time in such matters.
