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RBI may have sold gold to save foreign reserves — India Verified

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RBI may have sold gold to save foreign reserves

Business2 June 2026 at 01:07 pmQuick read

RBI may have sold gold to save foreign reserves

Credibility score70 / 100

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2sources verified

The RBI may have sold gold reserves. The sale aimed to protect foreign-currency assets. This occurred amid capital outflows and rising oil prices.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on 2 sources, including named officials and mostly factual information with minor gaps, such as the RBI's potential sale of gold reserves.

Original Sources

The Economic Times
Times of India

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RBI may have sold gold to save foreign reserves

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