>The Russian government has liquidated nearly three-quarters of its sovereign gold reserves held in the National Wealth Fund (NWF) over the past three years.>According to data from Russia’s Ministry of Finance, the volume of gold on the NWF’s balance sheet dropped by 71% between May 2022 and January 2025—from 554.9 metric tons to just 160.2 tons.Fascinating.What Gold reserves does your country have?
I wonder who bought them?
they still have almost 2400 tons of gold overall unfortunately
>>218813541china
>>218813541We got it back into our own country and sold the small parts part.>The value of Russia's gold reserves has exceeded $300 billion for the first time in history — the Central Bank of the Russian Federation>In April of this year, the Central Bank's total gold and foreign exchange reserves reached a historic high of $681 billion. At the moment, the share of gold in them is 42.3%, the highest since 1995.
>>218813693it's not because you've actually increased reserves lol
>>218813758>almost every country has gold reserves >value go up>???>everyone profitsmake it make sense, there's got to be a balancing reaction no? like, dollar crashing because why not
>>218813758We actually have increased the reserves.Here's the dates and the amount of tons in the reserves on these dates.
>>218813839
>>218813839??the op talks about sell-off in the last 3 years (and tbf the wealth fund seems separate to state reserves). your chart ends 3 years ago
>>218813856See this >>218813854>and tbf the wealth fund seems separate to state reserves)Yes, and I wrote about that in my post there >>218813693 It's you who picked on our reserves.
>>218813830No book depth, similar to bitcoin. If you tried to sell a lot there would be no buyer at these prices
>>218813895what that second graph shows is you've stayed at the exact same ~2330 tonnes for 3 yearsback to my first point, boasting about exceeding value "for the first time in history" is solely down to world prices, not actually any increase in reserves
>>218813927Okay, you're right if we take the last 3 years period.
>>218813517It means Russia is winning again?
>>218813830Dollar is crashing though
