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Updated: 4 days 7 hours ago

Russia amasses record amount of gold reserves

Mon, 09/09/2024 - 16:42
Russia's gold reserves reached a new record in August as they amounted to $188.8 billion. Their share in international assets exceeded 30 percent for the first time in almost 25 years, the Central Bank of Russia said. As of September 1, 2024, Russia's international reserves grew to $613.7 billion, up from $602.05 billion as of August 1. In August, Russia increased its gold investments by 5.1 percent, bringing them to a record $188.8 billion. The previous record was set a month earlier at $179.5 billion.

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