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Gold Sale Rumours: The Reserve Bank of India (RBI) has officially dismissed a series of widespread media reports claiming that the central bank had liquidated a massive portion of its gold assets. These viral rumors had triggered substantial anxiety among global investors and the general public regarding the structural stability of India's sovereign reserves.
In a comprehensive clarifying statement issued today, the RBI firmly established that the speculative claims regarding any asset sales are completely inaccurate and misleading. The swift intervention by the country's central banking institution aims to suppress market volatility and maintain absolute institutional transparency.
The controversy initially ignited following a Bloomberg Economics analysis suggesting the RBI might have offloaded roughly $12 billion in physical gold to insulate its foreign-currency assets from the economic fallout of the West Asia crisis. Alongside the RBI, the government's official fact-checking arm, the Press Information Bureau (PIB Fact Check), rejected the report entirely, labeling it as a fabricated narrative.
Steady Foreign Exchange & Gold Reserves
Verifying the factual metrics of India's national gold depository: Defending its positions with verifiable numbers, the central bank clarified that the actual volume of India's physical stock of gold remains completely unchanged at exactly 880.52 metric tonnes as of the current date.
Furthermore, statistical data confirms that the strategic share of gold within India's overall Foreign Exchange Reserves has actually experienced an upward trajectory. The proportion of gold reserves expanded from 13.92% at the close of September 2025 to 16.70% by March 31, 2026, and climbed higher to reach 16.85% as of May 22, 2026.
The central bank emphasized that comprehensive ledger tracking for sovereign gold bullion assets is regularly disclosed to the public within the official RBI Monthly Bulletin. While the nominal valuation fluctuates in accordance with shifting international market prices, the underlying physical weight of the nation's reserve vault continues to stand firm under rigid security protocols.
