Government Dismisses Rumors Regarding Monetization Of Temple Gold Holdings

NEW DELHI, May 19, 2026:- The Government of India has strongly refuted circulating media reports and social media posts claiming that it plans to issue gold bonds to temples in exchange for their gold reserves or that a proposal has been approved for the monetization of temple gold holdings.

In an official clarification issued by the Press Information Bureau in Delhi, authorities stated that all speculation and rumors suggesting the introduction of a monetization scheme for gold held by temple trusts or any religious institution across the country are completely false, misleading, and without any basis.

The official statement also dismissed separate claims suggesting that gold plates on temple towers, doors, or other structural elements would be classified as Strategic Gold Reserves of India, labeling such assertions as entirely baseless.

The government has requested citizens not to believe or circulate these rumors, noting that spreading unverified information creates unnecessary public confusion.

Furthermore, the public is urged to rely solely on official communications issued through authorized channels, emphasizing that any actual policy decisions or government schemes are always shared directly through official press releases, government websites, and verified communication platforms.