A report purportedly from Times Now Navbharat is being circulated on social media platforms with a claim that India has recently brought back 100 metric tonnes of gold from overseas vaults.
What does the viral post say?: Those sharing the claim have said that the move comes as a reply to United States President Donald Trump, who had recently announced tariff hike on India.
What is the truth?: The claims lacks proper context.
While India did bring back 100 metric tonnes of gold from foreign vaults in the financial year 2024-2025, it predates the tariff imposed by President Trump on India.
India bringing back gold: Team WebQoof conducted a simple keyword search on Google and found a news report published by Moneycontrol.
It said that the Reserve Bank of India (RBI) brought back 100.32 metric tonnes of gold to India from overseas vault.
This took the total physical holding of gold in India to 200.06 metric tonnes for the financial year 2024-25.
The report further mentioned that the move came at a time of global uncertainty, especially the US, which has undergone political changes.
What did the annual report show?: The RBI's annual report for FY25 showed that the total physical holding of Gold in India (as on 31 March 2025) is 879.58 metric tonnes.
While 311.38 metric tonnes have been held by the government as backing for notes issued in the country, the remaining 568.20 is held as asset of the banking department.
Out of 879.58 metric tonnes, 200.60 has been held in India and 367.60 has been held abroad.
This means that India did bring back 100 metric tonnes in the this financial year.
It should be noted that President Trump's tariff on India came into effect in August 2025, while the RBI brought back gold by the end of the financial year 2024-25 (end of March 2025). This means that the claim of RBI bringing back gold to India as a retaliatory move is misleading.
What about the news report?: We performed a keyword search in Hindi on YouTube and found the full version of the news report uploaded on the official YouTube channel of TIMES NOW Navbharat.
It was posted on 1 June 2024 and its title said, "Sushant Sinha|News Ki Pathshala: That step of PM Modi which is bringing back the Golden Days of India!."
Conclusion: It is evident that the claim of RBI bringing back gold to India as a reply to US President Trump's tariff hike is misleading.
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