I think - I did better research than Bloomberg analyst on RBI Holding.
Their analyst didn’t even know RBI takes (90%) of London Bullion Market Price to calculate gold holding.
🚨 Bloomberg claimed RBI sold $12B worth of gold.
RBI responded by sharing its gold holdings.
But there’s a catch 👀
The holdings shared were till April 24, while Bloomberg’s claim relates to a period before May 22.
I went digging, this is what I found.