RBI Gold Reserve Update: Putting an end to speculation about its gold reserves, the RBI has stated that its physical gold reserves remain stable at 880.52 tonnes. The central bank dismissed reports of gold sales as false.

How much gold is left with the RBI now?

RBI Gold Reserve Update: The Reserve Bank of India (RBI) has issued a major clarification regarding the ongoing speculation regarding its gold reserves. The central bank has clearly stated that there has been no change in its physical gold reserves, and it remains unchanged at 880.52 tonnes as of today.

What is the whole matter?

Recently, some media reports claimed that the RBI had sold a portion of its gold reserves. These reports sparked numerous discussions about the gold reserves. The RBI has now dismissed these claims, stating that such reports are untrue and that the bank has not sold any gold.

What did RBI say?

In its statement, the RBI said that it has come to its notice that some media reports suggest that the central bank is selling gold. However, the RBI clarified that these reports are completely false. According to the central bank, information on its physical gold reserves is published monthly in the RBI Bulletin, and according to the latest available data, these reserves remain stable at 880.52 tonnes.

Where can I get official information?

The RBI stated that all official information regarding gold reserves is available in its monthly bulletin. Interested individuals can view this information on the RBI's official website. The RBI also urged people to rely only on official information released by the RBI for any information related to gold reserves or other financial matters. They should avoid jumping to conclusions based on social media or unverified reports.