Govt dismisses rumours on monetisation of temple gold holdings across India
Babushahi Bureau
New Delhi, May 19, 2026: The Government of India has issued a clarification rejecting claims circulating on social media and in sections of the media regarding the alleged monetisation of gold held by temples and religious institutions.
According to an official statement released by Press Information Bureau, reports claiming that the Centre plans to issue gold bonds in exchange for temple gold reserves are “completely false, misleading, and without any basis.”
The government also denied speculation suggesting that a nationwide scheme was being introduced to monetise gold held by temple trusts or other religious bodies.
Additionally, authorities clarified that rumours claiming gold plates installed on temple towers, doors, or other religious structures would be treated as India’s “Strategic Gold Reserves” are entirely baseless.
The statement urged citizens not to believe or circulate unverified information, warning that such rumours create unnecessary confusion and mislead the public.
The government further advised people to rely only on official announcements issued through authorised channels, including government websites, verified communication platforms, and official press releases.