He, however, ducked question whether the word "Badal" in his song referred to the ruling Badals in Punjab, saying it depends on the audience to draw a meaning.
The unclaimed bullion is estimated to be worth Rs.57 lakh at current prices.
Indian news channel CNN-NEWS18 on Wednesday claimed that it has tracked down India's most wanted fugitive Dawood Ibrahim at his Pakistan-based location.
Jaitley, who is Leader of House in Rajya Sabha, was speaking after Janata Dal-United (JD-U) member Sharad Yadav raised the issue in the house.
Prime Minister Narendra Modi on Wednesday said his target was to double the farmers' income by 2022 when the country will be celebrating the 75th year of independence.
Daljinder Kaur, 72, from Amritsar in India, gave birth to a healthy baby, boy on April 19, 2016.