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The Economic Times
The Economic Times
Sneha Kulkarni

Anxious with news of RBI selling gold? Here's the fact and what should you do

The Reserve Bank of India (RBI) has clarified that reports circulating in some sections of the media about the central bank selling gold are incorrect. In a statement issued today (Wednesday, June 3, 2026), the RBI said that the physical stock of gold remains unchanged at 880.52 tonnes as on date. The Press Information Bureau’s (PIB) Fact Check team has also denied reports of the Central Bank selling its gold.

In its statement, the Central Bank clarified that the physical stock of gold is disclosed by the RBI in its monthly bulletin available on the official website.

The Central Bank emphasised that no sale of gold has taken place and urged people to refer to the official data for accurate information.

The RBI said in its statement, “The RBI has come across reports in certain sections of the media about RBI's sale of gold. The RBI emphasises that these reports are not correct."

The RBI's clarification was issued in response to media reports claiming that the Central Bank had offloaded a significant quantity of gold reserves.

A report claimed that the RBI may have sold gold amounting to approximately USD 12 billion.

PIB Fact Check team also denied reports of RBI selling gold . The PIB Fact Check team has also confirmed that this claim is fake.

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