Russian billionaires possess more wealth than the savings accumulated by all the country's residents, according to ...
Russia's gold reserves fell sharply at the end of last year, partly caused by the country's record-high interest rate imposed by the country's central bank to cool the economy. Citing data from ...
Russia would insist that part of the money is spent on the one-fifth of the country that Moscow's forces control, three sources told Reuters.
TASS/. Increment of Russia’s gold reserves through exploration activities totaled over 700 tons in 2023, having exceeded preliminary production results of 421.8 tons, a source in the Ministry of ...
Gold serves as a hedge against political risks and global financial turbulence. For Russia, gold reserves have been a strategic asset, helping to maintain economic stability amid sanctions.
Russia controls 2,335.85 metric tons (MT) of the yellow metal, making it the fifth largest for central bank gold reserves. China follows in the sixth spot with 2,264.32 MT of gold and India places ...
Central-bank allocations to gold in Asia are lower than in developed markets, analysts noted Goldman Sachs has lifted its gold forecast again, as investors and central banks keep buying the yellow ...
The Russian Finance Ministry says it has no immediate plans to build a national strategic crypto reserve, but has claimed that this could change if a key condition is met. The ministry said the ...