MUMBAI, Jun 3: The Reserve Bank of India (RBI) on Wednesday dismissed reports suggesting it had sold a portion of its gold reserves, clarifying that the country’s physical gold holdings remain unchanged at 880.52 tonnes. The clarification came in response to media reports claiming that the RBI may have sold gold worth around USD 12 […]

The RBI and PIB Fact Check have denied reports that the central bank sold about $12 billion worth of gold. Officials said the physical stock remains at 880.52 tonnes, while valuation changes reflect price and exchange-rate movements.

New Delhi : The Reserve Bank of India clarified that its physical stock of gold remains unchanged at 880.52 tonnes as on date, refuting recent media