PIB Fact Check dismisses claims of RBI selling $12 billion gold reserves as fake

New Delhi, June 3 (IANS) The government on Wednesday dismissed claims that the Reserve Bank of India (RBI) sold gold worth around $12 billion, calling a media report fake. In a post on X, the Press Information Bureau (PIB) Fact Check unit rejected claims that the RBI had offloaded a significant portion of its gold reserves, citing official data released by the central bank. “According to RBI, the share of gold in India’s foreign exchange reserves rose from 13.92 per cent at the end of September