Central Bank of India denies rumors about sale of gold

15:17 - 3.06.2026


June 3, Fineko/abc.az. The Reserve Bank of India (RBI) has officially stated that Bloomberg Economics' information about the sale of gold worth $12 billion is not true.

ABC.AZ reports that the bank's physical reserves remained stable at 880.52 tons in April.

At the same time, the regulator continues to increase the share of gold in reserves (to 16.7% by the end of March) and actively returns bullions to the country: 77% of the reserve is now in domestic storage, compared to 66% in September.