Russia’s central bank data showed the country’s gold reserves fell for a sixth consecutive month and dropped below $300 billion at the end of June.
According to Jin10, the gold sales were mainly aimed at filling the budget deficit while also replenishing foreign exchange reserves.
Analysts expected the gold sell-off to continue.
PRECIOUS METALS | Russia’s Gold Reserves Fell for a Sixth Straight Month, Dropping Below $300 Billion
2026-07-09 05:04:16
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
