Has RBI sold gold? Check here
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.
Gold reserves data from RBI monthly bulletin
According to the RBI, the share of gold in India's foreign exchange reserves rose from 13.92% in September 2025 to 16.70% on March 31, 2026, and further to 16.85% as of May 22, 2026.
RBI data of gold reserves
Key takeaways from the RBI data of gold reserves
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.
Gold reserves data from RBI monthly bulletin
According to the RBI, the share of gold in India's foreign exchange reserves rose from 13.92% in September 2025 to 16.70% on March 31, 2026, and further to 16.85% as of May 22, 2026.
RBI data of gold reserves
Key takeaways from the RBI data of gold reserves
- RBI's gold holdings decreased slightly from 879.58 tonnes in May 2025 to 880.52 tonnes by April 2026.
- The value of the RBI's gold reserves rose sharply from Rs 6.91 lakh crore to ?11.33 lakh crore during the period.
- In dollar terms, the value of gold reserves increased from $81.82 billion to $120.24 billion.
- Most of the increase in value came from the rise in global gold prices, as the quantity of gold held by the RBI remained largely unchanged.
- For gold investors, there is no need to panic. After reaching its peak in January 2026, gold has seen some correction and has subsided to low levels and seems stabilised at the moment.
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