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"RBI Has Not Sold Any Gold": Central Bank On Reports It Traded Yellow Metal

The RBI said the fluctuation in the values was due to the change in frequency of revaluation
The RBI said the fluctuation in the values was due to the change in frequency of revaluation
The Reserve Bank of India (RBI) said on Sunday that it had not sold any gold and was not trading in the yellow metal. The statement from the central bank in a series of tweets came in the wake of media reports stating that it had been selling its gold reserves. “Reports have appeared in certain sections of media that RBI has been selling or trading in gold of late,” the central bank said in one of the posts on Twitter. 
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