Russia’s gold reserves cross 1000 tons | Russia & India Report


According to the World Gold Council, over a period of six months, Russia increased its gold reserves by 54 tons, a higher increase than any other country.

By way of comparison, in the same period of time, Kazakhstan bought 12 tons; Mexico, 0.8 tons; the Philippines, 0.2 tons.

Meanwhile, the world’s gold-reserve leaders – the U.S., Germany, Italy, France, and Spain – did not buy any gold at all, and Germany actually sold 2.9 tons.

via Russia's gold reserves cross 1000 tons | Russia & India Report.

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