India moved about 100 tonnes of its gold reserves from foreign vaults to India in 2023–24, not recently in August 2025
India transferred 100 tonnes of gold reserves during 2023–24 for financial management, not as a reaction to the 2025 US tariff, according to the Reserve Bank of India report.
3 Articles
3 Articles
India moved about 100 tonnes of its gold reserves from foreign vaults to India in 2023–24, not recently in August 2025
Recently, on 07 August 2025, US President Donald Trump imposed a 50 per cent tariff on Indian imports, citing New Delhi’s imports of Russian crude. The new tariff rate will take effect from 27 August 2025, making India one of the most heavily taxed US trading partners. In this context, a video showing ‘TIMES NOW Navbharat’ news presenter Sushant Sinha reporting that the RBI has shifted about 100 tonnes of gold from foreign vaults to India is bei…
Fact Check: Did India Retrieve 100 Tonnes Of Gold From Abroad Over Trump Tariffs? Here’s The Truth Behind Viral Video
A news report by journalist Sushant Sinha on the RBI’s alleged decision to bring back 100 tonnes of gold stored in an overseas bank has gone viral on social media platforms, with users claiming it to be India’s response to the US imposing a 50% tariff on its exports. Multiple Facebook and YouTube users shared the video purportedly showing “Modi’s masterstroke against the Trump tariffs.” Newschecker, however, found the news clipping to be old and…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium