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RBI Rejects Viral Gold Sale Claim, Says No Gold Worth $12 Billion Was Sold to Support Forex Reserves
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RBI Rejects Viral Gold Sale Claim, Says No Gold Worth $12 Billion Was Sold to Support Forex Reserves

A viral claim suggesting that the Reserve Bank of India (RBI) sold gold worth nearly $12 billion to protect the country’s foreign exchange reserves has been officially rejected, with authorities clarifying that no such transaction took place. The clarification came after reports and social media posts sparked widespread speculation regarding the central bank’s gold holdings...