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Bloomberg Retracts Incorrect Story on RBI Gold

Bloomberg Markets Tuesday 02 June 2026, 06:12 UTC By Jeanette Rodrigues 1 min read
Key Points

Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold prices to value RBI’s gold reserves. Using previous day’s London Bullion Market Association price shows that gold holdings were unchanged in May.

Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold prices to value RBI’s gold reserves. Using previous day’s London Bullion Market Association price shows that gold holdings were unchanged in May.
Bloomberg Retracts Incorrect Story (ORG) RBI Gold Bloomberg News (ORG) Bloomberg Economics (ORG) RBI (ORG) London Bullion Market Association (ORG)
Originally published by Bloomberg Markets Read original →

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