Scoopfeeds — Intelligent news, curated.
RBI May Have Sold Gold to Save Foreign Reserves, BE Report Shows
business

RBI May Have Sold Gold to Save Foreign Reserves, BE Report Shows

Bloomberg Markets · Jun 2, 2026, 6:12 AM · Also reported by 1 other source

India’s central bank may have offloaded a portion of its gold holdings to shield its foreign-currency assets from the cascading fallout of the war in the Middle East, according to an analysis by Bloomberg Economics based on publicly available data.

Read full story on Bloomberg Markets → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop