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India Denies Claims of Monetizing Temple Gold

Tue, May 19, 2026(94d ago)World

The Indian Ministry of Finance has officially debunked recent reports and social media rumors suggesting that the government intends to monetize gold held by temple trusts or religious institutions. In a firm clarification, officials labeled these claims as entirely "false, misleading, and without any basis," emphasizing that there is no approved proposal to issue gold bonds in exchange for the reserves held by these institutions.

Furthermore, the ministry explicitly rejected the notion that gold components found on temple structures, such as doors or towers, would be repurposed or classified as part of the nation’s strategic gold reserves. The government has urged the public to disregard these unverified reports to prevent unnecessary confusion. They reminded citizens that all official policy shifts or government schemes are strictly communicated through authorized channels, such as official press releases and government websites, rather than through speculative social media discourse.

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