Russian gold reserves exceeded $150 billion for the first time – Kommersant
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Russia’s gold reserves amounted to $151.9 billion in November. The indicator increased in monetary terms by 2.2% and reached a record value, reports “RIA News”. The previous maximum was recorded in October – $148.7 billion.
In physical terms, gold reserves fell for the second month in a row. In November they decreased by almost 16 tons, to 2315 tons.
Russia’s international reserves grew by almost 3% in November. Their volume reached its maximum since April, $592.4 billion. Since 2022, the Central Bank has been unable to manage part of Russia’s gold and foreign exchange reserves due to the sanctions imposed on it.
About the reasons for the rise in gold prices – in the material “Kommersant” “Unmanned Quotes”.
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