Russia’s gold reserves reached a record level of 2.36 thousand tons at the end of September this year, and this figure allowed the country to rank fifth in the world in terms of this indicator. writes about this RIA News.
In September, Russia increased its gold reserves by 44 tons, or 2%. However, due to the decline in gold prices at the end of September, investments in this precious metal decreased by 3% to 140.5 billion dollars. While the USA remains the undisputed leader with 8.1 thousand tons of gold, it is followed by Germany, Italy and France.
China, Switzerland, Japan, India and Turkey are among the top ten countries with the largest gold reserves.
country this summer started Due to the sanctions imposed on Russia, the gold will be sent back to their countries. According to the survey, more than 85 percent of 85 sovereign funds and 57 central banks believe that inflation will be higher in the next decade than in the past. The West’s freeze last year on almost half of Russia’s $640 billion in foreign exchange reserves set a precedent that worried many central banks.
They can do it in Russia too ban Export of gold by individuals.
Previously Mishustin in the name Avoid excessive optimism.