Central Bank of Russia
Russia's gold reserves witnessed a record and significant increase during last October, reaching $207.7 billion.
The Russian Central Bank said in a statement that Russia's gold reserves reached a new record level at the end of last month, rising by 4 percent to $207.7 billion compared to $199.8 billion in September.
Gold is part of Russia's international reserves, which reached $632.7 billion at the beginning of this month (November 2024), which are highly liquid assets that include foreign exchange, gold, and special drawing rights.
It is noteworthy that Russia ranks fifth in the world in terms of reserves of the precious metal, and in the third quarter of 2018, it topped the world in terms of growth in gold reserves, surpassing countries such as China and India.
