The Reserve Bank of India (RBI) on Friday (November 7, 2025) rejected the reports circulating on social media, which claimed that the central bank has sold about 35 tonnes of gold from its reserves. Along with this, RBI has termed these reports as mere baseless rumors and has asked people to get information from verified sources for official information.
In a post made by PIB Fact Check Unit on social media platform X, it was said that the central bank has clarified that no such sale has been done and appealed to the public to rely only on official information.
RBI For information related to this, visit the official website- RBI
RBI posted on its official RBI warns against baseless rumors being spread on social media. For any information related to RBI please visit the official website.
This clarification comes amid increasing global interest and volatility in the gold market, as many major central banks are continuously increasing their gold purchases. Emerging economies, in particular, are increasing their gold reserves to move away from the US dollar. This trend has intensified after Western countries froze Russia’s reserve assets in 2022.
The share of gold in foreign exchange reserves doubled in a decade
According to the data released by the central bank, the value of gold reserves after RBI has increased to $ 101.72 billion by the week ending October 31, 2025. At the same time, the share of gold reserves in the country’s foreign exchange reserves has increased to about 15 percent, which is the highest level in several decades. In the last decade, the share of gold in the country’s foreign exchange reserves has doubled, which was earlier 7 percent.
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