Russia
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Russia Becomes World's Fifth Biggest Gold Holder After Sanctions
MOSCOW (Reuters) - Russia has overtaken China to become the world’s fifth largest official sector holder of gold as Western sanctions drove buying . . . .(Read More) -
Russia’s Gold & Foreign Currency Reserves Surge For Third Consecutive Year
The Central Bank of Russia reports that foreign exchange reserves saw a significant boost of 8.3 percent over the 12 months through January 1 of the current year. Reserves reportedly . . . .(Read More) -
$2,000 Gold Price And The Secret Gold Rally Hiding In Plain Sight
What if I were to tell you that gold is within earshot of all-time highs. You’d call me crazy. But I’m not. Below is a chart which shows gold prices denominated . . . .(Read More) -
China's Renminbi Will Rival the Dollar As Global Reserve Currency
The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial . . . .(Read More) -
Next Stop – Gold $1,300 Per Ounce – Silver $16 Per Ounce
Gold ended 2018 on a rally, moving up again last week to close the year at $1,278 per ounce. Gold closed the month and year at $1,278.30 . . . .(Read More) -
Russian Central Bank Buying Gold On The International Market?
For a number of years now and even more so during 2018, the central bank of the Russian Federation, the Bank of Russia, has remained in the spotlight as . . . .(Read More) -
Russia Adds Another Million Ounces of Gold
(Read More)The Russian central bank has just released the latest figures for its August foreign exchange reserves and reveals it has added a further 1 million ounces of gold (31.1 tonnes) to its reserves that month . . . .
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Gold-Backed Ruble Could Become Game Changer for World Monetary System
(Read More)While the United States continues to ramp up sanctions against Russia, Moscow keeps building up its gold reserves, which have already quadrupled since 2008 and currently amount to nearly 2 thousand metric tons . . . .
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Russia Ditches U.S. Dollar for Gold as Tensions Rise
(Read More)Russia‘s U.S. dollar reserves have shrunk from $96.1 billion in March to just $14.9 billion in May, according to the Russian Central Bank . . . .
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Russia Continues to Add to its Gold Reserves
(Read More)In June Russia added a further 500,000 ounces (15.6 tonnes) of gold into its forex reserves bringing them to a total of 62.5 million ounces (1,944 tonnes) so heading for a year-end total of over 2,000 tonnes . . . .





