[Indian Government Denies Reports of Central Bank Selling $12 Billion in Gold] According to Deep Tide TechFlow, on June 3, citing Jin10 Data, the Indian government officially issued a statement on social media platforms to clarify recent news reports suggesting that the Reserve Bank of India may have sold a large amount of gold. The government explicitly stated that the reports claiming the central bank sold approximately $12 billion worth of gold are completely 'false.' This incident pertains to the true movements of the central bank's reserve assets, and the authorities have denied rumors of large-scale sell-offs by relevant institutions. Given the significant amount involved, this clarification has a major impact on market expectations and helps stabilize investor sentiment. By addressing the issue directly through social media, the government ensured the timely dissemination of information.