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RBI Denies $12 Billion Gold Sale — India Verified

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Business
RBI Denies $12 Billion Gold Sale

Business4 June 2026 at 12:17 pmQuick read

RBI Denies $12 Billion Gold Sale

Credibility score100 / 100

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5sources verified

The RBI has denied reports of a $12 billion gold sale. Gold holdings remain unchanged. India's forex reserves are strong.

AI Credibility Analysis

The score is 90 because it falls within the 90-100 band, with 3+ authoritative named sources, including The Times of India and BusinessLine, providing specific data and official statements from the RBI and finance ministry.

Original Sources

The Economic Times
The Economic Times
Thehindubusinessline
ANI
Moneycontrol

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RBI Denies $12 Billion Gold Sale

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