Reserve Bank of India said – news of selling gold is wrong, reserves stable at 880.52 tonnes

New Delhi . The Reserve Bank of India (RBI) on Wednesday rejected media reports claiming that it has sold part of its gold reserves. RBI clarified that the quantity of gold held by it remains unchanged at 880.52 tonnes.

Bloomberg, an American media company, had claimed that the central bank may have sold gold worth about $ 12 billion to protect foreign exchange reserves from the impact of the ongoing conflict in West Asia. Bloomberg Economics made this claim on the basis of an analysis.

The central bank has appealed to avoid rumors and always visit the official website of RBI for authentic information. In a statement issued by the apex bank, it said that such reports have come to the notice of RBI in some sections of the media, in which it has been said that gold has been sold by the Reserve Bank. RBI emphasizes that these reports are not true.

RBI said that it gives information about gold reserves in its mass bulletin. Latest information is available on RBI website. Its link is- As of today, the physical reserves of gold remain unchanged at 880.52 tonnes.

The FactCheck account of Press Information Bureau (PIB) has also refuted this claim on social media. It said the share of gold in India’s foreign exchange reserves increased from 13.92 percent at the end of September 2025 to 16.70 percent as of March 31, 2026, and further increased to 16.85 percent by May 22, 2026.